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Who benefits from India’s sweeping new labour reforms?

Who benefits from India’s sweeping new labour reforms?

Summary

India is making big changes to its labor laws by combining many laws into four main codes. The government believes these changes will attract more business investments, especially after tariffs by President Trump. The reforms include rules on minimum wages and equal pay, but there is disagreement about whether they will benefit workers or just give more power to employers.

Key Facts

  • India is implementing its biggest labor law changes in many years.
  • Dozens of labor laws are now grouped into four simplified codes.
  • The government aims to attract investment with these changes.
  • President Donald Trump has placed 50 percent tariffs on Indian goods.
  • New rules in the reforms cover minimum wages, equal pay, and social security.
  • Unions argue these changes will increase employers' control over workers.
  • Experts are discussing whether these reforms help global competitiveness or pose risks to workers.

Source Information