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Govt must implement Labour Codes immediately to drive sustained reforms

Industry needs to deal with workers differently. Each worker will not just be a cog in the wheel but an active participant taking responsibility for a flexible and malleable production process

Labour code
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Yes, the Codes are not perfect and there is much that can be improved upon. But not enabling change is harmful for India’s youth, manufacturing-sector growth, India’s economic security, and our global manufacturing aspirations. (ILLUSTRATION: AJAYA KUMAR MOHANTY )

Laveesh Bhandari

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Why is wage growth in India not higher than what it is? Whether a worker in an organised-sector industrial establishment or an informal-sector labourer, wages are barely growing enough to keep pace with inflation. Unfortunately, few researchers have tried to unpack this issue, and the widespread consensus is that poor skilling is responsible for this. And poor skilling, it is widely believed, is due to inadequate basic education and the bad delivery of skilling services. While all of these may be true, they surely cannot be the only issue. First, not all states have poor-quality basic education. Kerala,
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