Trade unions concerned at job losses, disinvestment, wages

TIL Desk/Business/New Delhi/ Finance Minister Nirmala Sitharaman on Thursday held pre-Budget consultations with the representatives of various Trade Unions and Labour Organisations here in connection with the forthcoming Union Budget 2020-21.

According to an official statement, during the course of meeting, representatives of trade unions and labour organisations shared their views and suggestions regarding labour and employment issues.

Discussions were held on skilling, re-skilling and up-skilling of the existing labour force, as well on quality of job creation and ensuring minimum wages for workers. The trade unions have told the Minister that disinvestment of public sector undertakings (PSUs) is not the correct decision and is resulting job losses, according to the union leaders.