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Tag: Job Creation

Revamping India’s Labour Laws for Job Growth and Formal Employment

IEF Editorial Team India Employer Forum June 26, 2024
India’s labour laws, largely relics of a bygone era, need significant reforms to foster job creation and enhance formal employment. These laws, written for a vastly different economic landscape, fail to align with the modern workforce’s needs. They assume lifetime employment, overlook the cost-to-company concept, and assume benefits are additional to salaries. Moreover, these laws […]

Transforming India’s Employment Landscape: From Privilege to Right

IEF Editorial Team India Employer Forum June 25, 2024
The next administration must focus on two key employment objectives: increasing the total number of jobs and expanding the share of formal jobs. These issues require distinct solutions. Increasing the Total Number of Jobs To facilitate the transition from agricultural to non-agricultural employment, it is crucial to boost manufacturing jobs, which currently constitute only 12% […]
Job Growth

Transforming Karnataka: Building New Urban Hubs

IEF Editorial Team India Employer Forum June 20, 2024
The question of whether Karnataka will bring jobs to its people or move people to jobs hinges on the ability of policymakers to make and implement challenging decisions. Every minute, 25-30 people migrate to an Indian city from rural areas in search of better livelihood and lifestyles. If the pace of migration from rural areas […]

India’s Job Creation Imperative: Seizing Opportunities for Prosperity

IEF Editorial Team India Employer Forum May 31, 2024
In a well-known tale often attributed to Albert Einstein, a student interrupts an exam to point out that the questions are identical to those from the previous year. Einstein’s response, “Don’t worry, the answers are different this year,” serves as a metaphor for India’s enduring job creation challenge. Despite long standing awareness of necessary reforms, […]
Strategic PSU Sale, NBFCs And Piecemeal Labor Reforms

Strategic PSU Sale, NBFCs And Piecemeal Labor Reforms

IEF Editorial Team India Employer Forum November 22, 2019
Despite reeling under the effects of the slowdown, we have seen positive steps being taken by a resilient finance minister over the last four months. She has been doling out sops to the impacted sectors and industries to trigger multiplier effect. The erstwhile sunshine sector – Telecom –  has been in the red for long […]
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