KOTTAYAM Holding that the inauguration of the Kerala Paper Products Limited (KPPL) will set a new example before the nation, Industries Minister P. Rajeeve has said the unit would strive to function as a competitive and profitable public sector enterprise.
‘‘The conditions of service and wages will be determined considering the financial status and productivity of the company as well as the cost of living of the workers. The company management will be given the liberty to adopt creative measures to keep the productivity on a par with global standards. The government will intervene only in policy matters,’‘ he said in a statement on Wednesday.
According to him individual merit and performance will determine whether the workers will be retained or not while the management will function professionally. At the same time, the nature of work will be flexible so that it can be modified to suit the needs of the company at different stages.
