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The Cost Of Labour Reforms
After years of delays, the Centre, last week, finally undertook sweeping labour reforms. 29 fragmented laws were replaced by four codes, designed to expand social safety nets for gig workers and standardise employer obligations. So, what’s this new unified framework?
Towards Formalisation: The new norms promise formal recognition and portable benefits, linked to Aadhaar, to millions of Indian gig workers. Aggregators are also now required to contribute 1-2% of their…
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