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Labour and Employment Minister Santosh Gangwar said on Friday that the government’s decision to do away with rigidity in labour laws will act as a catalyst towards setting up big businesses in the country.
The Minister sought to allay fears of trade unions to emphasise that the new laws do not take away their right to strike.
“Removal of rigidity in labour laws, reduction of compliance requirements and time bound delivery of services would act as a stimulus for setting up of larger industries, which along with the steps taken for formalisation would act as a catalyst for employment generation,”
