Undertaking reforms in India is hard. We have often seen this story play out – a desperately required structural reform is introduced, a powerful minority of interest groups vehemently protest the reform, and the government buckles under pressure and rolls back on the reform. This is how the farm laws saga panned out, for instance, and is now repeating with labour law reforms in Tamil Nadu.
The Tamil Nadu assembly passed the Factories (Amendment) Act, 2023, earlier in April, which provides flexible working hours for employees in factories in certain sectors across the state. Essentially, workers would have an option to work twelve hours a day instead of eight and since the mandated total number of working hours in a week remains unchanged at 48, this translates to an extra leave day. Protests by trade unions and the opposition parties forced MK Stalin’s administration to roll back the reforms.
The Need For Labour Reforms
India needs to create roughly 20 million jobs each year for the foreseeable future to cover for 12 million people entering the workforce each year. There is a dire need to provide productive jobs to the disguised unemployed in agriculture, and to provide jobs to the stock of unemployed. From the start of the millennium, despite achieving impressive GDP growth rates, India’s employment growth has been dismal. While services have high value-add, the ability to create mass employment is possible only in the manufacturing sector, which has stagnated in India....
You don't have permission to access "http://www.fox61.com/article/news/national/connecticut-medicaid-program-to-get-936k-from-abbott-laboratories-settlement/520-c1943418-e32f-49cb-b1ad-1ce24170279...