While the IT industry had earlier provided employment opportunities to a number of students, the present trend of lay-offs by some IT firms was a matter of "serious concern", Union Minister of State for Labour and Employment Bandaru Dattatareya said here.
"Labour is under the Concurrent List and whatever state government is there, wherever the state level administration is there they will look after (such issues). When it comes to my notice we will also discuss with them (all concerned) and start all conciliatory approaches and see that maximum justice was done," he said replying to questions from reporters.
He said a number of laws including Industrial Disputes Act were available to address such issues, adding that state governments also had the right to enact laws.
"So that is why whichever sphere comes to Central level, our conciliatory officers are there. We will ask them to intervene," he said.
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On the issue of Employees State Insurance Corporation (ESIC) asking state governments to take over the medical colleges run by it, he said his Ministry was prepared to offer the institutions as "gift" to the states.
The Centre had written to the states, including Tamil Nadu, where such colleges were located to take over their administration, he said, adding Himachal Pradesh and Karnataka had shown positive response.
On the concerns raised by students of the colleges about their future, he said he had already discussed the matter with them, adding that more talks would be held in Delhi.