PM Modi to Announce Labour Reforms, Cut Down Inspector Raj

Apart from disinvestment and land acquisition, labour is one of the areas in which the industry has demanded decisive action. Even in the US, investors and CEOs of multinationals complained to the Prime Minister that red tape and labour laws were the chief deterrents to doing business in India.The new system, thus, is expected to cut down the Inspector Raj that has hobbled the industry so far, and address wages and pensions for workers. And right after the inauguration, 1,800 labour inspectors across the country will get text messages from the Prime Minister, apprising them of the new rules.



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