New Delhi, Aug 07: Retrenchment of workers in the organised sector has gone up by 10 per cent to 3952 persons in 2002-03 as opposed to 3594 persons retrenched in the previous year, the Rajya Sabha was informed today.
The number of workers retrenched in 2000-01 were 3280, Minister of State for Labour Santosh Gangwar said in a written reply.
"As per the report of the Labour Bureau "statistics on closures, retrenchments and lay-offs in industries in India during the year 2001", there was an increase of 23.8 per cent in the number of workers retrenched in 2001 over the previous year," he said.

He cited financial stringency, lack of demand, shortage of raw material and shortage of power as the major reasons for retrenchment. To another question, he said there was no proposal to introduce international labour laws in the country. "However, while reviewing/updating the labour laws, the international conventions concerning welfare of the workers and current needs for proper economic growth are taken care of," he said.

The second National Commission on Labour set up by the government has made wide-ranging recommendations on various facets of labour including review of laws.

The report of the commission has been receiving utmost attention and discussions were held at various fora amongst social partners to evolve a workable consensus and to crystallise the views of the government for implementation of the recommendations of the commission, he added.