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Labour codes to herald new wave of reforms in 2021; job creation likely to be major challenge

Source | economictimes.indiatimes.com | PTI

New Delhi, Dec 30 () The implementation of four labour codes in one go from April 1 next year will usher in a new wave of reforms in industrial relations and also help in attracting more investments but employment generation will remain a key challenge in 2021.

This year has also been a challenging year for the workforce as well as for employers due to the outbreak of the COVID-19 pandemic. The government imposed a nationwide lockdown from March 25, which had an adverse impact on economic activities and resulted in the exodus of migrant workers from large cities to their homes in the hinterland.

Many migrant labourers lost their jobs and it took months for them to return back to their workplaces from their native places.

Bharatiya Mazdoor Sangh (BMS) Research Wing Head and former General Secretary Virjesh Upadhyay said that firstly, India will have to face a big challenge in terms of restoring jobs of a large number of workers who lost their livelihood due to the pandemic.

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Source
economictimes.indiatimes.com
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