Alleging that the government’s policies have resulted in loss of employment instead of job creation, RSS-affiliated Bharatiya Mazdoor Sangh (BMS) on Wednesday asked the government to declare stimulus packages for employment-intensive sectors such as agriculture, construction and small-scale sectors. “Agriculture sector should be revived by providing more subsidy, loan waiver and other measures. Purchasing power of the workers especially in the unorganised sector, which constitute 93.7% of total workers, should be strengthened by assuring minimum wages in time. This will radically stimulate the growth trajectory,” BMS president Saji Narayanan said.
Stimulus packages will also help contain slowdown of the economy. The present slowdown, he said, is the result of the wrong direction of the economy and job displacing reforms followed as a continuation of UPA policies. It also asked the government to increase the work days of MGNREGA from the present 100 days to 200 days per year and link it to agricultural works. “It should also arrange payment of wages directly to their bank accounts on the next working day itself. This will soothe India’s large rural economy. MGNREGA is now in a crisis in many states because of non-payment of wages even after six months,” Narayanan said.
BMS also allged that FDI had already destructively affected the country’s micro and small scale sector as well as retail trade. “Strengthening the purchasing power of the common man is the main solution to stimulate our economy. Benefits of any stimulus package should not be siphoned to the private and corporate sector,” he said.