India to renew drive to overhaul labour laws
New Delhi
INDIAN Prime Minister Narendra Modi's government is to make a renewed drive to overhaul labour laws, hoping to create millions of new jobs by making it easier to hire and fire, the labour ministry's top bureaucrat said on Thursday.
Mr Modi made a shake-up of India's labour market a part of his reform agenda after coming into office in 2014, but opposition from unions and a bruising battle to pass other crucial pieces of economic legislation have stalled those efforts.
TRENDING NOW
Singtel H2 net profit down 20.9% at S$2.2 billion; telco open to Aussie minority partner in Optus
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Apex court rejects resulting trust claim in 99-1 condo dispute
Singtel seeks clarity on participating in telco consolidation after M1-Simba fallout; weighs Reit IPO