India's reforms target labour anarchy, but too late for some
Proposed changes will increase flexibility to hire, and fire, seasonal workers but are also likely to hike costs for firms
New Delhi
LAST month, hundreds of workers went on the rampage at a factory belonging to garment exporter Orient Craft, torching vehicles and smashing windows in the gritty industrial fringes of Gurgaon, a Delhi satellite city.
Increasingly common in Indian workplaces, these violent outbursts could become a thing of the past under a bold round of labour reforms planned by Prime Minister Narendra Modi.
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Central banks will probably only cut half as much as they hiked