Kiran Mazumdar Shaw, Executive Chairperson of Biocon Limited :
- Huge loss of informal jobs over the last 3 months will severely impact our economic bounce back.
- We need a financial stimulus package to support this informal sector.
- Govt must announce a large stimulus package for all sectors. It ought to have been finalised by now.
- Any further delay will only impact economic recovery. Both informal and formal jobs need to be protected.
- Informal labour forms 80% of our workforce whereas formal labour forms only 20% – time has come to protect our informal labour with insurance and better equity
Pic Credit : Kiran Mazumdar Shaw