Promote labour-intensive industries: NITI Aayog

‘Developing coastal economic zones would allow India to meet demand from export markets’

July 12, 2016 11:11 pm | Updated October 18, 2016 02:21 pm IST - NEW DELHI:

Arvind Panagariya

Arvind Panagariya

NITI Aayog Vice-Chairman Arvind Panagariya stressed upon the need to promote labour-intensive industries in the country in a bid to create jobs.

In a meeting with central trade unions and industry bodies, Mr. Panagariya gave a presentation on employment generation drawing a comparison with other countries such as China, Korea and Japan, said Virjesh Upadhyay, general secretary, Bharatiya Mazdoor Sangh, who attended the meeting.

“The presentation talked about the need to promote big and capital-intensive industries,” Mr. Upadhyay said.

The meeting comes ahead of the labour ministry’s meet on July 18 with central trade unions to revive talks on their 12-point charter of demands. “He also said that legislative reforms in the area of tax, land and reforms are a must to generate jobs,” Mr. Upadhyay said, adding that this was the first time that the government think-tank held a meeting with the trade unions. CII and FICCI representatives also attended the meeting.

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