Indian labour laws today are among the most restrictive globally. While they may be able to secure the livelihoods of a tiny minority, they have a pernicious effect on the vast majority, rues Andy Mukherjee Labour in India looks set to get a much-needed new deal. It’s about time. In the name of protecting jobs, successive governments have kept employees so tightly confined in a straitjacket of stifling regulation that the 435-million strong workforce can hardly breathe.If the new Prime ... Rediff.com, 2 weeks ago
With Narendra Modi about to make his first Independence Day speech, there is a buzz in Delhi that Modi will make some big announcements to signal major reforms and directional shifts. But we have to wait and see if it happens, says Mohan Guruswamy. Two and more months after the Modi government was installed in Delhi, a widespread feeling has begun to creep in, and mostly among the believers, that the regime has lost its way. And the weeds of the old polity have begun to blight the crop sowed ...Rediff.com, 3 weeks ago
BRICS nations, including India, on Tuesday expressed commitment to refrain from taking any protectionist measures and improve policy coordination to enhance trade and investment. "They (BRICS trade ministers) reaffirmed their commitment to refrain from trade protectionist measures that are incompatible with World Trade Organization obligations, while respecting the special and differential treatment for developing countries," said a joint communique on the eve of the sixth BRICS Summit. ...Rediff.com, 1 month ago
New Delhi : Amid high expectations from the middle class and industry, Finance Minister Arun Jaitley present’s his maiden budget tomorrow that may contain tax sops for the salaried, dumping of the controversial retrospective tax and spelling out of ...IndiaTV News, 1 month ago
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