3 min read.Updated: 29 Jun 2020, 09:14 PM ISTKartik Akileswaran,Samia Mehraj,Ayushmaan Singh
Across India, firms themselves cite bigger constraints, such as access to markets and inputs, than labour market regulation
Few issues in India are as polarizing as labour law reforms. As several states recently announced changes to their labour laws, critics slammed them for exploiting workers while proponents saw them as long-needed moves that would unleash economic growth. Data and research, however, suggest that labour law reforms on their own may not be enough for growth because labour is not the biggest constraint holding back firms and investment.