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Sunday, May 3, 2020

How government can save jobs in Corona crisis?

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Today world is going through a very dangerous situations.Along with Corona Virus there is another issue increasing  currently which is unemployment issue.There is a solution to handle unemployment and it is called Kurzarbeit. Kurzarbeit are way of dealing unemployment in Germany.
Let us understand some of its facts.
  • According to the German government if any company are not able to do any business and are stop getting any income they that company need to apply to the German government for this.
  • German government will take the details of the employee of the company and government will pay for 67% and 60% of salary of the employee.
  • Now here 60% salary for the unmarried and 67% for the married with family.So if you see here Government of Germany is very fair , as they know that a married person has more responsibility and they need more money and they respect this.
  • There other country like Italy and France they too have some policy for this but not very common.
  • Any company which is not earning anything and if they do not have money,
     in such case company will not be able to pay their employee and it will ask them leave the jobs.Because company has to pay medical , pf, pension for their employee.But if for certain period of time government will pay for that in that case company will not required to ask their employee to leave the jobs.
  • Many of us may think why we can not implement same technique for India also to save jobs?See Germany is a very small country and they have very small population and most of them are employed.India is high population country and every one is not employed also so if government will pay for employed people then there chances that many people will not get benefit of government policy.Also Germany have all the big company manufacturing hubs, so the government is already getting too much of tax from their people.
  • Still India government can make some plan for it, because if Company can pay huge tax to government during earning period , it is government responsibility to pay to company during bad time of company so that they can pay to their employee.please share your view on this topic

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