Hire and Fire not for Indians: Sunil Mittal
"Hire and fire policy will not be acceptable in India," said Sunil Mittal, supporting the idea of labour reforms in the country.
According to Mittal, chairman Bharti Group, these are times of distress for corporate houses. "The government and industry hould hold discussions on the same (hire and fire policy), and create a platform to alleviate any harsh decisions. The industry players must be benevolent to the labour force a philosophy that I hold very dear to myself," said Mittal.
Labour reforms are something desirable; but having a hire and fire policy in a country like India is not going to be a acceptable task, neither should that be the requirement from the industry, said he.
However, corporate houses, both in India and abroad, have resorted to job cuts to stay afloat amid the global economic crisis.
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