Who benefits from India’s sweeping new labour reforms?

Who benefits from India’s sweeping new labour reforms?

In an effort to update outdated laws, India introduces simplified labor codes.

India, the second-largest country in the world, is making the biggest labor changes in a long time.  The government has consolidated numerous laws into four less complex codes.

It claims that investors will be drawn to the overhaul. After US President Donald Trump imposes 50% tariffs on Indian goods, this will be crucial.

Minimum wages, equal pay, and expanded social security are among the reforms. Unions disagree, saying that the laws only strengthen employer control and accuse the government of “deceptive fraud.”

Will the changes, by streamlining the rules, increase India’s global competitiveness? Or could they increase productivity and risk for workers?

Presenter: Adrian Finighan, &nbsp.

Guests:

Harshil Sharma, a Labour economist with a focus on welfare and reforms,

Surbhi Kesar, senior economics lecturer at SOAS University of London

Source: Aljazeera

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