Labour laws social security employment challenges from "summary" of Indian Economy: Performance and Policies by Uma Kapila
Labour laws in India have been a subject of debate for a long time. These laws govern the relationship between workers and employers, regulating aspects such as working conditions, wages, and benefits. The social security system is also an essential component of labour laws, providing a safety net for workers in case of unemployment, disability, or old age. However, the implementation of labour laws and social security measures in India has faced numerous challenges. One of the main challenges is the informal nature of the Indian economy, where a significant portion of the workforce is employed in the unorganized sector. These workers often do not have access to formal employment contracts or social security benefits, leaving them vulnerable to exploitation and economic insecurity. Another challenge is the complexity and rigidity of labour laws, which can make it difficult for businesses to comply with them. This has led to a situation where many employers prefer to hire contra...
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