Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Labor Reforms -Need of the Hour in India
Nov 28, 2019

An entrepreneur before starting a manufacturing business has many questions on his mind.

Who are my target customers? Which geography should I sell to? How do I improve my business? How do I improve my manufacturing processes?

But an Indian manufacturer always has one question in his mind. How will I handle my work force? A look at strikes and lock-outs data in India certainly paints a grim picture.

While the number has been on a decline in the past few years, there is still a lot of room for improvement.

I believe, the recent labor push by the Modi government is a step in the right direction.

Such reforms are the need of the hour in India's journey to become a US$ 5 trillion economy.

Data Source: Ministry of Labour Annual Report

This Chart Of The Day was published in The 5 Minute WrapUp - The One Modi Government Reform Which Can Give a Big Boost to the Rebirth of India

Equitymaster requests your view! Post a comment on "Labor Reforms -Need of the Hour in India". Click here!


Our Most Popular Charts

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms