GLOBAL RECESSION !!!!!!!

All over the world every body is talking about Global Recession. Even in India the students who just pass out from the Management Institutions are not getting jobs they deserve and are prepared to join any organisaiton without pay or at any salary. I just cannot imagine the plight of those Management students who were aspiring to climb the ladder of high positions, when their hopes shatter.

The private companies, in order to save retrenchments or loss, have either increased working hours or cut pay so as to compensate the losses they incur due to this global recession. The employees too have willingly agreed to co-operate with the Management to tie over the present situation.

Though the world is reeling under the Global Recession, Government of India seems not affected at all. Therefore, the Government has agreed to consider recommendations of the Sixth Pay Commission to Government employees. It may be true that the Commission was appointed much earlier and its recommendations received earlier than the recession could raise its head which the members of Sixth Pay Commission never anticipated. At least, the Government, looking at the situation all over the world in general and India in particular, could have kept this Sixth Pay Commission recommendations in abeyance for the time being.


Here we can see the difference between the Private Employer and the Government so also their respective employees. The Government employees threatened to go on strike if the recommendations of Sixth Pay Commission are not implemented. First of all before demanding the increase in pay, they should also ask their own conscience whether they do justice to the pay they receive giving the public the service they deserve, whose servants they are. If not, then they are not receiving the pay, but the curses of the affected public. The Government too without bothering about the global recession agreed to pay them, keeping in view the next election rather than the global recession or that the additional revenue would have to be collected from the general public in the form of additional taxes, who are already at the receiving end due to the global recession.