Published 16:16 IST, June 4th 2020

Priyanka Gandhi slams Yogi govt over closure of Atlas cycle plant; 700 employees laid off

Priyanka Gandhi Vadra, on Thursday pointed out it was ironic that India's leading cycle manufacturer- Atlas, laid off 1000 employees on World Bicycle Day

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Slamming layoff of over 700 people, Congress General Secretary (UP East) Priyanka Gandhi Vadra, on Thursday pointed out it was ironic that India's leading cycle manufacturer- Atlas, laid off so many employees on World Bicycle Day. Questioning Yogi Adityanath government over bout of unemployment, she asked why was it happening inspite of MOUs signed by state government with companies. She furr asked for clarity as to how would government save people's jobs.

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Priyanka Gandhi slams Yogi govt over Atlas lay-off


(Yesterday, Ghaziabad factory of cycle company Atlas was closed on occasion of World Cycle Day. Over 1000 people became unemployed in one stroke.  Heard in government propaganda that so much pack, so much MoU, so much employment. But in reality, jobs are ending, factories are closing down. To save people jobs, government will have to clarify its policies and plans.)

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Atlas cycle plant shuts down

On Wednesday, Atlas Cycles shut down operations in its Ghaziabad plant in Uttar Pradesh, laying off almost 700 employees. company had posted a statement at th entrance of plant stating that it was is t in a position to resume manufacturing operations due to financial constraints, and as such, it had decided to close down its Sahibabad unit. "Hence, workforce of Sahibabad unit of company will be laid off with effect from June 3, 2020, till adequate arrangement of funds is made", stated company.

Reports state that cycle manufacturer had already closed down two units in 2014 and 2018. It closed down its Malanpur unit in Madhya Pradesh in 2014, while Haryana's Sonipat unit was closed down in 2018. With closure of its Sahibabad unit, Atlas has officially closed all its manufacturing units.

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MOUs to be signed by Yogi govt

On May 28, Additional Chief Secretary Home Awanish Kumar Awasthi said that Uttar Pradesh government will be inking several memorandums of understanding with various industrial organisations, including Indian Industries Association, to provide for employment to over nine lakh migrant worker of state. state government is working on policy of ‘job for every hand’, he said,  to accelerate production of indigeus goods in state which will also help many people get employment. Uttar Pradesh currently has recieved over 22 lakh migrants amid lockdown via trains, buses etc.

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16:16 IST, June 4th 2020