Reform & economic legislation are locked in most areas, the markets are a mess & even if two ministers happen to say the same thing, it spawns a new conspiracy theory in Delhi.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
1. I think basic objective of our labour laws is to protect employees. We do not have social security schemes which take care of employees especially in situations in which they lose jobs for reasons beyond the control of employer. Therefore, if objective behind the labour laws has to be achieved, we must ensure that their implementation is effective. 2. There is also another view. I wish to say that it is time we recognise fact that an employer is a creator of new jobs, even if he employs one person. My observation is that our labour laws very often overlook this fact and place on the employer many obligations which can lead to closure of small industrial units. My point is that on one hand we must educate the employer of his duties as per the labour laws and on other hand we must make efforts to have in place a mechanism which will ensure that every small employer gets government assistance to meet emergencies like fall in sales on account of general economic slowdown, or natural disasters or some other reason beyond employer’s control.
1. I think basic objective of our labour laws is to protect employees. We do not have social security schemes which take care of employees especially in situations in which they lose jobs for reasons beyond the control of employer. Therefore, if objective behind the labour laws has to be achieved, we must ensure that their implementation is effective. 2. There is also another view. I wish to say that it is time we recognise fact that an employer is a creator of new jobs, even if he employs one person. My observation is that our labour laws very often overlook this fact and place on the employer many obligations which can lead to closure of small industrial units. My point is that on one hand we must educate the employer of his duties as per the labour laws and on other hand we must make efforts to have in place a mechanism which will ensure that every small employer gets government assistance to meet emergencies like fall in sales on account of general economic slowdown, or natural disasters or some other reason beyond employer’s control.