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Covid-19 exposes regulatory chinks, may force firms to replan work formats

Work-from-home model may go out once things stabilise; companies call for labour, social security, financial and education reforms

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Emphasising on financial sector reforms, Sabharwal said credit-to-GDP ratio is just 50 per cent in the economy.

Indivjal Dhasmana New Delhi
Experts believe that the Covid-19 has exposed chinks in India's regulatory system and that there would be changes the way companies organise their workforce and businesses after things stabilise.

In a panel discussion on Covid-19 and the Future of Work, organised by NITI Aayog, they said the work-from-home model may not be suitable for formal businesses once things stabilise.

NITI CEO Amitabh Kant said, "We are all grappling with a very complex, very unpredictible and very dynamic situation."

Manish Sabharwal, chairman of Teamlease, said the virus has shown  that India's economy has three existing conditions which are problems -- we