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Labour Law Changes – States Are Competing For Investment, And That Is A Good Thing For India

Labour Law Changes – States Are Competing For Investment, And That Is A Good Thing For India Chain of Labour Reforms

Several Indian states, including Madhya Pradesh, Uttar Pradesh, and Karnataka, are recasting their land and labour laws in a bid to incentivise investment and facilitate economic growth revival in their states.

Labour is a concurrent list subject. Rules framed by the states take precedence over the central rules once they are ratified by the central government and then by the President of India.

PM Modi had asked Chief Ministers to look at bold reform measures – it is quite possible that all BJP-ruled states will work on a set agenda to remove bureaucratic hurdles in promoting industrial activity.

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