ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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NEW DELHI- Making a Scapegoat of Labour

NEW DELHI Making a Scapegoat of Labour B M THE organised sector of industry and business, represented by the Federation of Indian Chambers of Commerce and Industry (FICCI) which held its annual session this week, reflects a new mood of confidence over the direction of government policies. This confidence appeared to be fully justified in the light of what the representatives of the government, from the Prime Minister downwards, had to say at the session. The Industrial Development Minister, C Subramaniam, himself articulated the sentiments of the captains of industry and trade most forcefully when he said that the "investment climate' was no longer a 'mysterious' problem and should not be made an excuse for lack of effort on the part of private industry. The Prime Minister was equally forthright on this question in her inaugural address.

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