India to renew labor law overhaul drive to boost jobs
Prime Minister Narendra Modi is seeking to adjust labor laws to increase the number of jobs available in India. The bills will mostly address increasing hiring flexibility by decreasing the severity of legislation that prohibits mass lay-offs. Currently, the law has resulted in a decrease in permanent hiring. Although Modi has been pushing for these changes since his election, legislation has stalled over the past two years due to opposition from unions. Laws concerning working conditions and employee benefits are still under discussion.
See "India to renew labor law overhaul drive to boost jobs", Tommy Wilkes and Manoj Kumar, Reuters, September 22, 2016