文章基本信息

标题：Labour Reform (LR) - for Migrant Workers (MW)
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作者：Mradul Kumar Saxena ; Khaleda Rehman
期刊名称：International Journal of Advances in Engineering and Management
电子版ISSN：2395-5252
出版年度：2020
卷号：2
期号：4
页码：343-347
DOI：10.35629/5252-0204309319
语种：English
出版社：IJAEM JOURNAL
摘要：Policymakers face several kinds of choice and, hence, trade-offs. They can emphasise on enforcing higher wages only but at the cost of low employment. Higher growth at the cost of low wages is another option to the policymakers. Again, job security of existing workers may be the concern for policymakers at the cost of encouraging employers to adopt labour-displacing techniques of employment. The Covid-19 pandemic is a black swan event in the lives of the world. The novel coronavirus has put us through a never-seen-before lockdown. India is staring at a long road towards economic recovery and several reputed rating agencies have stated that an unparalleled global recession is underway, owing to the disruptions. Fitch has forecast India‟s GDP growth slipping to 0.8 per cent for the 2020-21 fiscal.However, a crisis like this also brings with it opportunities to look inwards and make certain desirable changes. In this backdrop, state governments in Uttar Pradesh, Gujarat, Goa and Madhya Pradesh have undertaken labour reforms to attract investment. Their policy initiative has invited both criticism and praise.In the post-Covid19 world, it will only be the survival of the fittest. Therefore, it was imperative that these labour reforms were undertaken. Industries operating will have the power to hire and fire; working shifts will be increased from 8 hours to 12 hours, and there will be a sizeable reduction of compliance regulations. The three main stakeholders to benefit from these reforms are the workers, companies and the economy at large.
关键词：Labour Reform(LR);Migrant Workers(MW);Covid-19;Pandemic;Stakeholders;Compliance Regulations