Question

Why there is a need for change in labour Law.

Answer 1

The momentum of labour law reforms that were initiated 3 years ago brought in some positive changes for entrepreneurs. However, it is crucial to focus on the need for significant changes in critical labour laws to make compliance more transparent, seamless and hassle free. The aim is to create a conducive environment that stimulates the growth of enterprises as well as formal jobs and make life easier for entrepreneurs across labour, taxes, environment, land and helps an enterprise grow.