The deadline for tripartite talks with union confederations and employers ’ organisations on a much-anticipated labour market reform has been extended another week from the end of May, the Labour Ministry confirmed on Saturday. It earlier said that if it could not reach a deal on streamlining the labour market through a three-way agreement by the end of the month, it would pass a bill unilaterally. In an earlier stage bilateral talks among social partners broke down. A spokesman for UGT, the second largest union confederation, explained: “There's a fundamental difference in vision between the two sides.”
English: http://in.reuters.com/article/idINIndia-48904520100529; http://www.reuters.com/article/idUSLDE64R15O20100528?type=marketsNews
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