Question

why has government made labour law​

Answer 1

⎝⎝⫷⫸⎠⎠ANSWER⎝⎝⫷⫸⎠⎠

• Essentially, if India had fewer and easier-to-follow labour laws, firms would be able to expand and contract depending on the market conditions, and the resulting formalisation — at present 90% of India's workers are part of the informal economy — would help workers as they would get better salaries and social security.

• The Labour law acts as a tool to promote worker empowerment as well as worker protection. Labour law aims to prevent a race to the bottom by placing restrictions on the contracting partners' freedom to contract on whatever terms they wish, and setting minimum standards over safety and pay.

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Answer 2

Answer:

Essentially, if India had fewer and easier-to-follow labour laws, firms would be able to expand and contract depending on the market conditions, and the resulting formalisation — at present 90% of India's workers are part of the informal economy — would help workers as they would get better salaries and social security

The Labour law acts as a tool to promote worker empowerment as well as worker protection.