Globalisation will create job insecurity?K. Lakshma Reddy
June 12, 2026
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Globalisation will create job insecurity?K. Lakshma Reddy

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Sep 7, 2008, 12:00 am IST
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In the wake of globalisation during the last 15 years of economic reforms, casualisation and contractualisation of labour have increased from 12 per cent to 24 per cent and consequently job security of lakhs of workers has become vulnerable, said BMS general secretary Shri K. Lakshma Reddy. He was inaugurating the second all India conference of Group-4 Securicor Karmachari Mahasangh in Hyderabad on August 13. He further said the multinational agency viz Group-4 Securicor has been exploiting two lakh workers in India who are working as Security Guards. While the agency collects Rs 12,000 per month per guard from the clients, it pays a meager salary of Rs 3500 to the worker. He called upon the workers to fight against this injustice. The conference adopted a resolution renaming the Mahasangh as Bharatiya Group-4 Security Karmachari Mahasangh. In another resolution the conference demanded separate entry for private security in the schedule to the Minimum Wages Act 1948, payment of bonus at a uniform rate throughout the country instead of unitwise separate rates and overtime at double the wage rate for duty beyond 8-hour.
(FOC)

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