Wednesday, April 29, 2020

Explain MHA order on full wages, SC tells govt.

29/04/2020

Nagreeka said it was engaged in manufacture and export of cotton yarns, fabric and textiles. It said stoppage of operations since the lockdown had led to losses to the tune of ₹1.50 crore.

Separate petitions have also been filed by entities from the micro, small and medium sector against the government’s order to pay full wages to their workers. MSME industries have said they are compelled to slide into insolvency by the government, which has ordered them to continue to pay full salaries to their workers. These petitions have asked the court to order the government to support them by taking responsibility for 70% of their staffers’ pay by drawing funds from the PM Cares Fund or the Employees State Insurance Corporation. The court is yet to list these pleas.

No comments:

Post a Comment

NEWS TODAY 21.12.2024