It’s a wage, not labour, crisis

It’s a wage, not labour, crisis

by

Lockdown salary payment outcomes suggest formal enterprises are more resilient than informal enterprises.

Synopsis

There are three lessons for reforming our dysfunctional labour laws. One, any change must be balanced. Two, any change needs evidence. Three, any change needs openness.

India’s labour laws are neither prolabour nor pro-employer. They are pro-labour inspector. So, why don’t we change them? There are three lessons for reforming our dysfunctional labour laws. One, any change must be balanced. Two, any change needs evidence. Three, any change needs openness.The Covid-instigated pain especially borne by migrant labour and micro, small and medium enterprises (MSMEs) should remind us that our labour is handicapped

BY

ET CONTRIBUTORS

  • GIFT ARTICLE
  • FONT SIZE

    AbcSmall

    AbcMedium

    AbcLarge

  • SAVE
  • COMMENT

To Read the Full Story, Become an ET Prime Member

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Access the exclusive Economic Times stories, Editorial and Expert opinion

Already a Member?

Why ?

  • Sharp Insight-rich, Indepth stories across 20+ sectors

  • 42031747

    Access the exclusive Economic Times stories, Editorial and Expert opinion

  • 42031747

    Clean experience with
    Minimal Ads

  • 42031747

    Comment & Engage with ET Prime community

  • 42031747

    Exclusive invites to Virtual Events with Industry Leaders

  • 42031747

    A trusted team of Journalists & Analysts who can best filter signal from noise





Source link

Leave a comment