FICCI Organizes Webinar on Getting Back to Business in Lockdown 3.0

Posted On Fri, May 08, 2020, 5:32 PM

Rajasthan: In his Keynote Address at a FICCI Webinar on Getting Back to Business in Lockdown 3.0, Rajeeva Swarup, Additional Chief Secretary – Home, Government of Rajasthan mentioned that we have to prepare ourselves to live with the virus and life without livelihoods is not a viable proposition. While lockdown 1, 2 & 3 has helped in arresting a spike in the spread of COVID-19, going forward we must revive and rejuvenate the economy. Commenting on the issue of labour exodus, he reiterated the need to sensitise and engage with the labour regarding this. He also mentioned that there are lot of labour that has come back to Rajasthan. There is a need to capture the details of skills for them, which could be used for industries in Rajasthan. He mentioned that the issue of movement of labour and management to Bhiwadi is under discussion and a solution is likely to come soon. 

Revitalising the economy is topmost priority for us said Ashutosh AT Pednekar, Managing Director, RIICO. He mentioned that RIICO is engaging with JETRO, KOTRA, USIBC and similar agencies to channelize the investments flowing out of China to Rajasthan. Similarly, he mentioned about focus on import substitution and exploring opportunities for the local production. He also mentioned that there is no bar on percentage of workforce who could be used by industries. There is a need to stimulate demand, which is not possible unless trade and retail is opened up and we will witness some relaxation in this post Lockdown 3.0, he added. Rajasthan is a net exporter of labour and RIICO is in dialogue with Labour Department as to how the labour that has returned to the state could be utilised as well as reskilled or upskilled for employment in the state. RIICO will increase its construction outlays in comparison to last year and we are in touch with NHAI to develop industrial areas alongside Delhi – Varodara and Jamnagar – Amritsar expressways. 

Ashok Kajaria, Chairman, FICCI Rajasthan State Council and CMD, Kajaria Ceramics Ltd in his welcome remarks said that the entire supply chain has been disrupted so unless we open retail, the economic activity will not pick up. He suggested that Interstate movement of management and labour has also to be eased out to start industrial activity in border districts of Rajasthan.

Rajiv Arora, President, Federation of Rajasthan Exporters mentioned that this period also provides an opportunity to attract investments which would be flowing to Vietnam, Thailand, India and Rajasthan in India. Government should also look at giving relaxation in labour laws as done by some neighbouring states and a strong financial stimulus to industries. 

Sanjay Srivastava, Business Head – Mahindra World City Jaipur said that the national & state govt has already taken multiple initiatives & guidelines to address the new normal. A joint & 360 degree collaborative approach between govt, industry, professionals, influencers & individuals can ensure India & Rajasthan can emerge as best positioned to serve the emerging opportunities.

I C Agarwal, Chairman, Genus Group while addressing concerns of manufacturing sector urged the Government that industry should be allowed to operate atleast with 60% labour strength and the issues related to movement of labour should be addressed on priority. 

Ajay Data, CEO, Data Ingenious Global Ltd advised that Government should give a long term perspective for opening up of industry so that businesses could plan accordingly. Similarly, standard operating guidelines to industries but also provide flexibility of operation hours as many IT industry work as per their counter parts & customer timings in foreign countries. He also addressed the concerns relating to start-ups dying due to cash crunch & burdening fixed cost. 

N K Jain, President, The Employers Association of Rajasthan said the supply chain from raw material supplier to retailer is not working, there is no point in starting production. He stressed that MSMEs should be given loan of 10% on their 3 years turnover average for bearing labour wages & salaries and some fixed nature of expenses by RFC or RIICO with moratorium period of 6 months atleast. 

Sunil Kumar Yadav, Vice President, Honda Cars India Ltd urged Government to help in proper supply of raw material and manpower availability. He mentioned that for automobile industry unless the entire supply chain from OEMs to Dealership is operational, the entire value chain gets disrupted.

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This press release is posted under categories Business

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