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 main objective of disinvestment in public sector undertakings (PSUs)?
View QuestionWhat is meant by “crowding out” in economics?
View QuestionWhat does the term "depreciation" refer to in the context of assets?
View QuestionWhat does the Gini Coefficient measure?
View QuestionWhat does the term “national income” refer to?
View QuestionWhat is “CRR” in banking terminology?
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View QuestionWhat is the purpose of the "Minimum Support Price" (MSP) in India?
View QuestionWhich term refers to an economy that has elements of both capitalism and socialism?
View QuestionWhat is meant by “stagflation”?
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