Doing away with the labour laws is no less than taking a U-turn from formal to informal employment.
Breaking Down the Recent Labour Law Amendments from the Lens of Macroeconomics
Published on :Once the nationwide lockdown is eased, initial supply chain disruptions might impart cost push inflation while on the other hand, lack of demand (except for the essentials) due to lost income would force the aggregate price level to stay low.
Breaking Down the Recent Labour Law Amendments from the Lens of Development Economics
Published on :More than 90% of India’s labour-force is employed in the informal sector, with limited social security benefits. This informalisation of labour-force does more harm than good and has serious repercussions on a nation’s growth patterns. Two basic policy interventions to improve existing labour conditions in developing countries are: a) increasing […]