Kochi:
Union Health Minister C P Thakur said the central government has
decided to amend the existing labour laws, especially the Industries
Disputes Act (IDA), because of the understanding that such laws will
only lead to closing down many industries.
He said before taking the decision to amend the IDA, the centre has
two options before it. "We should either protect the law and let
all industries die, or go in for labour reforms. The people in Kerala
should think why many of the industries set up here have been shifted
to other states."
Referring to the recognition issue to two medical colleges in the
state the Kochi Cooperative Medical College and the Pariyaram
Medical College the minister promised that the centre will do all
that is possible to avoid a situation in which the future of the
students of these colleges will not be jeopardised. "I have
written to the state government earlier to make some adjustments and
improve the infrastructure. But now Kerala is in a financial crisis.
But I assure you that the students future will not be
affected."
Observing
that China is overtaking even Japan in industrialisation, Thakur said
the recent influx of Chinese products into Indian markets at a cheaper
rate has led to some of the people in the country arguing that the
Chinese are able to sell these products at such cheaper rates because
of the subsidy they get from their government. "But that is not
the actual case. The per capita production in China is much higher
when compared to India. That is why they have been able to market
their products at a much cheaper rate."
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