Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

A Labour Litmus Testop-ed snap


  1. The Industrial Disputes Act proves to be an impediment in the investments in India because of a chapter, which was incorporated into it during Indira Gandhi’s regime.
  2. The chapter V-B has a clause which says that any employer who employs a “specified number” of people has to take prior approval of the govt. in the time of layoffs, retrenchment or closure.
  3. In 1976 this “special number” was fixed at 300 workers but later in a 1984, it was changed to 100, thereby making the provision even more restrictive.
  4. We need to ensure a balance between workers protection and investors confidence.
  5. Indian labour laws are seen as some of the most restrictive in the world.
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