17 Nov 2006
Only a few have benefited, laments Supreme Court
The Supreme Court on Friday lamented that the booming economy had only “benefited a handful of persons” while the plight of the masses had “worsened”. At the same time, the court explained the need for restraint in judicial interventions in administrative and legislative functions, the court said despite its earnest desire, everyone can’t be employed in the “present state of our country’s economy”.
The remarks came while allowing an appeal by a sick public sector pharmaceutical company, IDPL, against an Uttaranchal High Court verdict that directed it to permanently employ 10 low wage temporary personnel. “Jobs cannot be created by judicial orders or by legislative or executive decisions. Jobs are created when the economy is expanding, when there is rapid industrialisation,” observed the judges.
“At present, the state of affairs in our country is that although the economy has progressed a little in some directions, it has only benefited a handful of persons while the plight of the masses has worsened,” the judges said.
News Source: http://www.dnaindia.com