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PM to meet India Inc today amid global turmoil: 10 Developments

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By NewsGram Staff Writer

In a bid to deliberate on recent developments in the global economic scenario and the opportunities it presents narendramodi_505_051614085156before India, Prime Minister Narendra Modi will meet about 40 pioneers in the industry and leading economists on Tuesday.

10 points of note:

1) PM’s second meeting with India Inc in two months. The timing is right as the markets around the globe are turbulent due to a slowing Chinese economy.

2) The meeting is appropriate as the US prepares to raise interest rates.

3) The point for the meet is ‘Recent Global Events -Opportunities for India’, but a worried India Inc is also expected to bring up its issues about the slow pace of reforms.

4) Out of all the other issues expected to be projected by the industry leaders are investment bottlenecks, poor credit growth and ease of doing business.

5) Pleading anonymity, the sources said the effect of political developments on reforms like the government having to drop the changes it planned to the law to ease land acquisition and its inability to get the Goods and Services Tax Bill through Parliament is also expected to come up.

6) The meeting will be initiated with an address by Finance Minister Arun Jaitley.

7) Chief Economic Advisor Arvind Subramanian will make a presentation.

8) The heads of all three industry chambers – FICCI (Federation of Indian Chambers of Commerce and Industry), CII  FICCI_1

(Confederation of Indian Industry) and ASSOCHAM are among those invited for the meet. Representatives from Federation of Indian Export Organizations (FIEO) will also attend the meeting.

9) The PM last met business leaders on June 30 to hear their grievances on issues ranging from high capital cost to ease of doing business and taxation matters.

10) Today’s meeting will be held at the PM’s Race Course Road residence from 10.30 am. It is expected to last a little over two hours.

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US Government Begins Probe into Google Over its Labour Practices

"Four of our colleagues took a stand and organised for a better workplace. This is explicitly condoned in Google's Code of Conduct, which ends: 'And remember... don't be evil, and if you see something that you think isn't right -- speak up.' When they did, Google retaliated against them," the employee activist group wrote in the blog post

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Google Search Engine
Google Logo. Pixabay

The US government has launched a probe into Google over its labour practices following a complaint from four employees who have been fired by the tech giant.

The four workers who filed a lawsuit against the company last week, claimed they were fired from Google for engaging in legally protected labour organizing, reports CNN Business.

The National Labor Relations Board has begun a formal probe into the complaint.

The tech giant has been accused of “union busting” and retaliatory behaviour after it sacked four employees for allegedly violating the company’s data security policies.

In a statement, Google said it dismissed four individuals who were engaged in intentional and often repeated violations of its longstanding data security policies.

Google
US begins probe into Google’s labour practices. Pixabay

“No one has been dismissed for raising concerns or debating the company’s activities,” said the company on Monday.

Google is in the midst of controversy over its strained relationship with employees.

In an earlier blog post on Medium, an employee activist group, “Google Walkout for Real Change”, said that the company is illegally retaliating against prospective union organisers.

Also Read: Cricket Icon Mahendra Singh Dhoni to Back Show on Army Officers

“Four of our colleagues took a stand and organised for a better workplace. This is explicitly condoned in Google’s Code of Conduct, which ends: ‘And remember… don’t be evil, and if you see something that you think isn’t right — speak up.’ When they did, Google retaliated against them,” the employee activist group wrote in the blog post.

The new CEO of Alphabet Sundar Pichai faces extreme challenges as Google stares at several high-profile external probes into its alleged anti-trust market and data practices — from the US to the European Union regulators — including internal tensions with staff over discrimination at work and HR transparency. (IANS)