<ul><li>Government has directed Public Sector companies to take their employees’ union into confidence before initializing disinvestment process to avoid any delays.
Administrative ministries have to arrange for employee awareness programmes to spell out benefits of listing and enhance employee participation.</li></li></ul><li><ul><li>Coal India has already set the trend through special efforts to encourage employee participation on its upcoming public offer by
Getting permission to offer shares to those employed in its subsidiaries.
Employees unions in BSNL and NALCO had protested the government move to list these companies.</li></li></ul><li><ul><li>Centre will push for laws to bring more than 130 million contract labour in the country an o par with permanent employees in terms of
The worker groups sought complete abolition of contract labour but employers did not want to give any privileges to them. </li></li></ul><li><ul><li>The proposed law will require employers to clearly indicate in the work contract:
Cash portion of emoluments would rise and stock options fall to avoid displeasure at the time of sinking markets and changing preference of younger staff.</li></li></ul><li><ul><li>Non-performers will first be given: