Jaitley holds 2nd Pre-Budget consultation

Speed Post News Network

New Delhi : Union Finance and Corporate Affairs Minister Arun Jaitley on December 5, 2017, said that the present Government is fully committed to safeguard the interests of the workers especially those working in the MSME and the unorganized sector.

The Finance Minister said that the workers are entitled to minimum wages prescribed by law and asked all the industries concerned to strictly comply with the same without fail, according to a PIB release. Jaitley was addressing his second Pre-Budget Consultative Committee Meeting with the representatives of different Trade Union Groups here.

Many suggestions were received from the representatives of different Trade Union Groups. Nine of the Trade Unions jointly gave a common Memorandum on behalf of the workers they represent. Their Common Memorandum contained 12 point charter of demands. The major demands include increased Budgetary Allocations for Social Sector including health and education, effective measures against deliberate tax and loan repayment faults, Minimum wages for all workers as an essential part of Social Security and be fixed on the basis of the Recommendations of 15th Indian Labour Conference and linked to Consumer Price Index, and measures to check the prices of essential commodities