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The report also takes note of the human toll the disaster took on workers.
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Two recruiters filled in forms meant for employers who agreed to take on workers, sources told the Observer.
But as Atul Kirloskar tells it, apart from a hiring splurge in 1994-95, when it added about 100 people, it has not taken on workers since 1982.
A requirement that companies must take on workers who have been out of a job for at least 60 days to qualify for the credits may also disincline them to sign up for the plan.Other instalments should follow.
Kamal Nath, the commerce minister, says a manufacturer told him he had declined an order for 50,000 shirts because he could not risk taking on workers he could not let go.
Two recruiters filled in forms meant for employers who agreed to take on workers.
Some retailers are also taking on workers, partly offsetting a decline in manufacturing jobs.
Will employers even be willing to take on workers of that vintage?
Forms meant for employers agreeing to take on workers had been fraudulently filled in.
Stores, restaurants and hotels usually start taking on workers in September and October and shed them in January and February.
A new program will offer employers up to $10,000 over two years to take on workers over 50.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com