P Chidambaram mentioned, when the economic system has collapsed and jobs are scarce, it’s merciless
New Delhi:
Congress chief P Chidambaram on Monday slammed the reported State Financial institution of India (SBI) plan to implement a voluntary retirement scheme (VRS) at a time when the economic system has collapsed and referred to as it merciless.
“Information reviews say that SBI plans to implement a VRS scheme as an “economic system measure”. In regular instances the plan could be debatable. In these irregular instances, when the economic system has collapsed and jobs are scarce, it’s merciless,” P Chidambaram tweeted.
“If India’s greatest lender has to shed jobs, think about what different massive employers and MSMEs are doing. The plan is ostensibly voluntary however we all know that refined strain might be introduced on the staff that the Financial institution desires to eliminate. If the present guidelines present for real voluntary retirement, why announce a brand new plan and provides out an actual quantity like 30,190?” he added.
In line with sources, SBI has deliberate a VRS scheme beneath which over 30,000 workers are eligible. The worker power of SBI stood at about 2.49 lakh on the finish of March 2020 as in comparison with 2.57 lakh a 12 months in the past.
Earlier final week, Congress chief Rahul Gandhi had mentioned that growth was lagging behind within the nation and highlighted a number of factors relating to the shortage of growth.
Taking to Twitter, Mr Gandhi, in a translated tweet, mentioned that 12 crore jobs are lacking, 5 trillion greenback economic system is lacking, the earnings of the widespread man is lacking.
“Prosperity and safety are lacking within the nation and if a query is requested, the reply is lacking. Growth is lacking (within the nation),” he added.
(Apart from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)
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