The reforms make it cheaper to hire and fire, shift wage bargaining to firms, limit severance claims, curb labour lawsuits, and set up a mandatory employer fund for payouts.
India can convert the tariff turmoil into an opportunity to position itself as the world’s go-to trade partner. It has the scale and heft, but needs the boldness.
Speaking to ThePrint, ex-NITI Aayog vice-chief Arvind Panagariya calls for privatisation of public firms, trade liberalisation & more relaxation in labour laws by states, but no Covid cess.
Rajiv Kumar says Modi govt’s labour reforms and PLI scheme will boost industry and exports, and not joining RCEP won’t freeze India out of global markets.
While with the policy response, states have signaled an intent to act, their capacity for action will be limited without the central government’s assistance.
Expecting India's low-paid, unorganised workforce to be part of a fully contributed social sector architecture is unrealistic, writes IAS officer serving in Bihar.
Minister Santosh Gangwar says the govt has carried out extensive consultations with stakeholders before passing the labour codes, but is still open to suggestions.
The codes on industrial relations; occupational safety, health and working conditions; and social security aim to simplify archaic labour laws and give impetus to economic activity.
As social media debated whether audiences were consuming Pujarini Pradhan as a symbol, The Juggernaut turned her into a story that could circulate globally, with or without her participation.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
COMMENTS