Policy

/Tag: Policy

Wage Code Bill signals Modi government’s determination to reform Indian labour laws

2019-08-09T13:56:35+00:00August 9th, 2019|2019, Global Edition – August 2019|

The Modi government’s political determination to begin reforming what was, until recently, considered a strict no-go area, provides room for cautious optimism. The Narendra Modi government took its first step towards reforming India’s antiquated and complex factor markets (markets for land, labour and capital) by passing the Wage Code Bill, 2019 in both houses of Parliament. It will become the law as soon as the President of India gives his assent. It will be the first of the four codes [...]