New Delhi: The issue of massive IT job losses resonated in Parliament on Wednesday and members in the Rajya Sabha expressed concern over rampant layoffs. In its response, the government said it will work towards providing safeguards to the employees.
During the Question Hour in Upper House, Congress member Anand Bhaskar Rapolu raised the issue and sought to know about the steps the government was taking to protect the interests of the workers who were facing rampant and “unceremonious termination” of their services.
Responding to the concerns, Labour Minister Bandaru Dattatreya said the government would work to provide safeguards to the employees.
Dattatreya said the government was trying to provide social security and over one crore new workers have been brought into the ambit of the employees provident fund net. He said that an interest rate of 8.65% was being provided this year on EPF. The government was also focusing on portfolio management, he said.
In a separate development, the Lok Sabha passed the Indian Institutes of Information Technology (Public-Private Partnership) Bill, 2017. The Bill declares 15 existing Indian Institutes of Information Technology established through public-private partnership as institutions of national importance. It specifies the nature of partnership between industrial partners, state and central governments.
During the discussion, members raised several related concerns about efforts required by the academia and industry to match demand and supply, need to increase placements, availability of faculty, among other things.
— With agency inputs
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