Question

Government has allowed _____in the labour laws to attract foreign investments in india

Answer 1

Answer:

Explanation:

Flexible labour laws

Answer 2

Government has allowed Flexible Labour Laws in the labour laws to attract foreign investments in India

Explanation:

• Since existing companies have learned how to manage and expand despite labor laws, formal flexibility and improved compliance would help to attract more(FDI)

• Formal flexibility in labor legislation and enhanced or simpler compliance will certainly help attract new FDI. Many of the government's labour reforms must be towards simplifying compliance and processes. This must assist 'ease of doing business', lack of which is  a big constraint for Indian business.
• At present, the labor laws in India are generally referred to as ' archaic ' or regressive. At the central government level there are 44 separate labor laws, often with inconsistencies.