Projects 8 to 8.5% growth for the economy in fiscal year 2011-12
No job reservations, says CII
New Delhi, April 25, DHNS :
The apex body of industry—the Confederation of Indian Industry
(CII)—is not in favour of mandatory reservation of jobs in private
sector through legislative measures.
B Muthuraman"We feel that compulsory reservation of jobs is not the
solution. We are for affirmative action on voluntary basis to enhance
the representation of candidates belonging to underprivileged sections
in wide spectrum of industry," the newly elected CII President B
Muthuraman told newspersons.
Stressing the need for engaging in affirmative action by the industry
to target inclusive growth he said "the industry is inclined to
recruit more number of candidates belonging to SC, ST and backward
classes. There is no bias."
Quoting latest data complied by the CII, Muthuraman said candidates
belonging to weaker sections like SC and ST constituted 18 to 20 per
cent of total recruitment made by the industry in the last year.
Encouraging response
"The CII Code of Affirmative Action is receiving encouraging response.
We are aiming to make nearly 2000 of our member becoming signatories
to the Code," Muthuraman, who is also the Vice Chairman of the Tata
Steel, said.
"We have also decided to submit a quarterly report on progress on
affirmative action to the government this fiscal onward," he said. In
a bid to promote SC and ST entrepreneurs, he indicated that the CII
would persuade its members to procure components and input materials
from enterprises run by "dalit" entrepreneurs.
Replying to volley of queries on corruption, Muthuraman said the
industry is opposed to corruption and stand steadfastly against any
sort of corrupt practices.
Amnesty scheme
On black money he said "the CII is of the view that there is a need
for an amnesty scheme ...If somebody does not declare (black money)
the government must punish."
However, he suggested "the amnesty scheme can only be announced once.
You cannot have two. Only by an absolute carrot and stick approach
this issue can be solved," Muthuraman said.
He also suggested for transparency in public governance the CII would
press for removal of discretionary powers of government functionaries
which are often "misused".
"Misuse of discretion and standards, lack of transparent rules and
procedures and lack of transparency in public procurement are the key
challenges for governance," he said.
Projecting 8 to 8.5 per cent growth for the economy in 2011-12 the CII
Chief outlined a five-pronged strategy for over 10 per cent growth in
coming years.
The strategy suggests putting as many as 100 mega projects on the fast
track and pushing forward tax reforms like introduction of Goods and
Services Tax (GST). It aims at doubling the contribution of
manufacturing sector in GDP to 25 per cent from 12 per cent, create a
common market and improve investment climate.
It also suggested project monitoring and implementation agency with
specific timelines in order to keep the growth momentum at high
levels.
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