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This is an archive article published on January 23, 2001

Chambers welcome State policy

MUMBAI, JAN 22: City's leading business chambers have wholeheartedly welcomed the Maharashtra government's recent new industrial and labou...

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MUMBAI, JAN 22: City’s leading business chambers have wholeheartedly welcomed the Maharashtra government’s recent new industrial and labour policy and called upon all political parties to rise above their narrow vote politics and form a consensus on this issue in the interest of creation fresh employment opportunities.

Federation of Association of Maharashtra president Mohan Gurnani said that Mumbai was gradually losing its key position in the national economy and these policy initiatives aimed at abolition of Urban Ceiling & Regulation Act and closure of seven sick textile mills run by Maharashtra State Textile Corporation would help reverse this trend.

Employers’ Federation of India vice president Ram Tarneja said the state government should shed its obsession with employment protection and neglect of employment creation. It should strive to promote tourism and new technology related industries besides laying stress on creating basic infrastructure such as sea ports, airports and highways.

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Bombay Chamber of Commerce and Industry vice president HR Khurokhan shared Tarneja’s views and called upon the government to take special measures to promote tourism and infrastructure. The government should set up a world class convention centre and ensure that Mumbai retains its primacy in the economic life of the country, he said.

Camlin president Subhash Dandekar said that India should prepare itself to get the best advantage of globalisation instead of dragging feet. he added that labour law reforms would not only provide greater flexibility to industry managements and also greater opportunity, mobility and growth to all segments to labour in organised and unorganised sectors.

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