-Reuters Prime Minister Narendra Modi has set in motion the first major revamp in decades of the archaic labour laws, part of a plan to revive the flagging economy, boost manufacturing and create millions of jobs. Successive governments have agreed labour reform is critical to absorb 200 million Indians reaching working age over the next two decades, but fears of an ugly union-led backlash and partisan politics have prevented changes to free...

-The Business Standard   A CAIU will be set up to analyse and collect field data for a transparent and accountable labour inspection system The Union labour ministry has approved a more liberal inspection scheme aimed at simplifying business regulations and bringing "transparency and accountability" in the system. For this purpose, a Central Analysis and Intelligence Unit (CAIU) will be set up to analyse and collect field data "for a transparent and accountable labour...

-The Hindu Business Line     A set of technologies that deals with production and marketing constraints can work wonders Indian agriculture faces herculean challenges today; yet, the near- and the medium-term outlook on agriculture and agri-businesses seem bright. Growing urbanisation and changing food habits, malnutrition plus declining areas under foodgrain pose a big threat to food security. Agriculture and food production are strongly influenced by international trade, credit availability, development co-operation, climate change and environmental...

-The Business Standard     They were unimpressed by the UPA's misguided socialism, but they worry about the new regime's free-market orientation too Consider this paradox. The Congress Party-led United Progressive Alliance (UPA) was decimated in the elections in spite of several years of good monsoon and rising agricultural production. Consider another paradox. This was the regime that implemented policies that were presumed to be pro-farmer: the Mahatma Gandhi National Rural Employment Guarantee Act, the...

-The Business Standard   Policy must target faster growth in labour-intensive sectors It was reported on Wednesday that a sample of large manufacturing companies saw their workforce grow at an average rate of almost three per cent every year over the past decade. Putting aside technical niceties such as the representativeness of the sample, to the extent that the companies covered are mostly market leaders in their respective sectors, this statistic is very...