(a) whether the Government has gone through the report of Team Lease Services Limited; and
(b) if so, the details thereof and the reaction of the Government thereto?
(a) whether the Government has gone through the report of Team Lease Services Limited; and
(b) if so, the details thereof and the reaction of the Government thereto?
MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF LABOUR AND EMPLOYMENT
(SHRI OSCAR FERNANDES)
(a): Yes, Sir.
(b): The India Labour Report of Team-Lease Services Limited has been submitted to the Planning Commission. The Report has ranked Indian States based on a Labour Eco System Index constructed using three variables of labour demand, labour supply and labour laws. It has examined the current status of our labour market and makes the case that there will be a large number of people in 2020 in the labour force, who will require a range of employment opportunities. It further analyses that if current trends continue, it will lead to wide spread unemployment i.e. 30% by 2020. It has also linked economic growth with the States ranking on the Index and shows that the States, which has better rating in the past have achieved higher growth.
The Planning Commission has not accepted this Report or any of its recommendations till now.