Modi plans to launch the biggest overhaul of labor laws in decades, giving companies greater flexibility in hiring and firing workers – reforms that economistsand businesses say will help job creation and unleash more economic growth.
These changes would make it tougher for employees to form unions or to go on strike, but include measures to expand the social security net to the huge unorganized sector, which refers to India’s millions of small, privately-owned businesses with uncertain legal status.
In Kolkata, a city with a strong socialist tradition, protesters said they were attacked by police, but police officials said 30 arrests were made after the strike threatened to turn violent.
Chosen excerpts by Job Market Monitor. Read the whole story at Millions strike in India to protest against Modi’s planned labor reforms
(Guest post by Sarah Brooks*) – The world is watching as the General Election unfolds in India, with many hoping that a possible election of Narendra Modi as Prime Minister will give the Indian economy the jolt it so desperately needs. The new leader will definitely have his work cut out for him, as India … Continue reading