Desai, in a written reply to a question raised by Congress MLC Anant Gadgil, said that in 2017-18, a total of 317 factories in the state closed down, resulting in job loss for 14,787 people.
PTI
@moneycontrolcom
Maharashtra Industries Minister Subhash Desai on Monday said 14,787 industrial employees lost their jobs during 2017-18, the fiscal that followed after the demonetisation decision was taken by the Narendra Modi government in its first term.
Desai, in a written reply to a question raised by Congress MLC Anant Gadgil, said that in 2017-18, a total of 317 factories in the state closed down, resulting in job loss for 14,787 people.
In the same fiscal, he said, 12 units faced a staff strike, and solutions were found for 10 of them, while the remaining two faced closure.
PM Modi had announced demonetisation on November 8, 2016.
Subscribe to Moneycontrol Pro's Annual plan for Rs 399/- for the first year. Use coupon PRO2020 (Available on Web & Android only).
First Published on Mar 2, 2020 09:10 pm
