Saturday, August 15, 2009

Indian Economy - behind the scenes

Nearly 1.3 lakh jobs have been lost during April-June 2009, in eight key sectors, including textiles,automobiles and IT/BPO in the country as a fallout of the economic slowdown according to the labour bureau. Tamilnadu labour secretary T Prabhahkar rao had not received any largescale representation about the retrenchment in the state. Reacting to the report, C.K.  Ranganathan, CII Tamil nadu president said temporary jobs in the automobile sector has been affected but not permanent.

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