(a) whether the public sector companies are downsizing themselves by reducing the workforce;
(b) if so, the details thereof; and
(c) the number of such workforce that have been reduced during the last two years?
(a) whether the public sector companies are downsizing themselves by reducing the workforce;
(b) if so, the details thereof; and
(c) the number of such workforce that have been reduced during the last two years?
MINISTER OF LABOUR (SHRI SAHIB SINGH VERMA)
(a to c) A Statement is laid down on the Table of the House.
STATEMENT REFERRED TO IN REPLY TO THE LOK SABHA STARRED QUESTION NO.374 BY SHRI KHARABELA SWAIN REGARDING CREATION OF EMPLOYMENT OPPORTUNITIES FOR REPLY ON 18.8.2003.
Estimated employment in the quasi government establishments under Central and State governments which mainly include public sector companies as on 31st March, 2000, 2001and 2002 (latest available) was as given below.
Year (As on 31st March) Employment in quasi government Reduction over the establishment (both Central previous year (in lakhs) and State) (in lakhs)
2000 63.25 - 2001 61.92 1.33 2002 60.19 1.73
Right sizing of the work force and limited scope for growth of employment in this sector may have led to the decline.