Labour Laws: Sector-wise Ecosystem

Labour Laws : Sector-Wise Ecosystem

Between 47 central labour laws and 200 state labour laws, India has an over regulated and poorly governed labour law system. Our labour laws have remained dysfunctional, disharmonized, protracted and overreaching. These multiplicity of rules and procedural delays impose unreasonable legislations and transaction cost on businesses. The complex anatomy comprising harassment, corruption and compliance overreach chokes businesses on productivity and competitiveness. TeamLease Labour Law Report 2017 also profiles the labour law ecosystem by State and by laws v/s demand and supply of skills.