Saturday, September 01, 2007

Bajaj to pay workers to stay at home

Why? The plant is no longer profitable. Perhaps this is the ideal world, where the evil capitalist owner pays the poor workers, even if they do not work, but no, some people find fault with that also.

Bajaj had spoken of the plant’s unimpressive performance at the company’s annual general meeting in July. He said that the 2,200 workers in the plant produced 50,000 vehicles while Bajaj’s new plant at Pantnagar was producing one million vehicles with just 500 workmen. Bajaj told shareholders at the AGM that he was in favour of shutting down the facility but that existing labour laws made it impossible for the company to do so.

These are our existing labour laws.

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