Several states have undertaken factor market reforms, including labour reforms, to attract firms exiting China. Mint explains the implications for India’s manufacturing sector Several states have undertaken factor market reforms, including labour reforms, to attract firms exiting China.
Critics caution against the move, citing marginalization of labour in the absence of these laws. Mint explains the implications for India’s manufacturing sector. What’s wrong with India’s labour norms? The overarching complexities of India’s labour laws are said to have a dampening effect on the ease of doing business.
These laws, in an atmosphere of unmindful bureau-cratic control and corrupt officials, have led to the exploitation of factory owners, which