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Making India’s labor market more flexible
Hemal Shah
发表日期2014-03-12
出版年2014
语种英语
摘要Since the 1991 economic reforms, the growth rate in India has quadrupled, but the rate of good quality jobs has remained stagnant. For India to realize its true growth potential and create good quality jobs faster, it has to reform its heavily regulated labor market. Roughly 400 million informal employees make up 93 percent of the total workforce, and they stand to benefit from incremental changes in labor market regulation and improve productivity. However, resistance from those with a vested interest in an inflexible labor market has made reforms impossible.  With six decades of deadlock on labor reforms, it is time to find a more workable approach that could be acceptable to all parties – employees, trade unions and ministries – in the hope that marginal progress now will ease the transition to bigger reforms in future. Small tweaks to social security coverage and administration for employee welfare, increasing state freedom for business friendly regulation, and engaging meaningfully with trade unions can build momentum on reforming India’s informal sector. Download the policy brief in PDF format. Hemal Shah is a scholar at the Takshashila Institution and a research assistant at the American Enterprise Institute. 
主题Foreign and Defense Policy ; India/Afghanistan/Pakistan
标签India ; Labor issues ; Regulation
URLhttps://www.aei.org/articles/making-indias-labor-market-more-flexible/
来源智库American Enterprise Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/256257
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Hemal Shah. Making India’s labor market more flexible. 2014.
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