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Monday, December 15, 2008

65, 500 employees lost their jobs in 3 months in India

65, 500 employees lost their jobs between Aug-Oct: Osacar Fernandes

New Delhi, Dec 15: Over 65,500 people lost their jobs between August and October this year due to global economic recession, Labour Minister Oscar Fernandes said here on Monday.
A sample study conducted for the period August-October 2008 by Department of Commerce for 121 export related companies also revealed loss in export orders to the tune of Rs 1792 crore, he said during Question Hour in Lok Sabha.

The Department of Commerce study covered primarily employment-oriented sectors like textiles, inlcuding garments, leather, engineering, gems and jewellery, handicrafts, food and food processing, minerals and marine products, he said. more

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