Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
India consolidated multiple labour laws into four broad codes—on wages, industrial relations, social security, and occupational safety—aiming to simplify compliance. The objective is to boost job creation, reduce informality, and ensure welfare benefits. Yet some fear erosion of workers’ bargaining power if layoffs become easier. In exams, highlight the challenge of effectively implementing codes across diverse states and how skill-building plus social security expansions can complement these reforms in raising productivity.
What is the meaning of "fiscal deficit"?
View QuestionWhat is the main objective of disinvestment in public sector undertakings (PSUs)?
View QuestionWhich of the following is a direct tax?
View QuestionWhat is meant by “crowding out” in economics?
View QuestionWhat is the primary purpose of Special Economic Zones (SEZs)?
View QuestionWhich of the following is an example of a renewable resource?
View QuestionWhat is the “law of diminishing marginal utility”?
View QuestionWhat is the main feature of a free-market economy?
View QuestionWhat is “currency devaluation”?
View QuestionWhat is the meaning of “supply-side economics”?
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