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Labour Law Reforms in India - All in the Name of Jobs (Hardcover)
Loot Price: R3,974
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Labour Law Reforms in India - All in the Name of Jobs (Hardcover)
Series: Critical Political Economy of South Asia
Expected to ship within 12 - 17 working days
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Labour market flexibility is one of the most closely debated public
policy issues in India. This book provides a theoretical framework
to understand the subject, and empirically examines to what extent
India's 'jobless growth' may be attributed to labour laws. There is
a pervasive view that the country's low manufacturing base and
inability to generate jobs is primarily due to rigid labour laws.
Therefore, job creation is sought to be boosted by reforming labour
laws. However, the book argues that if labour laws are made
flexible, then there are adverse consequences for workers:
dismantled job security weakens workers' bargaining power,
incapacitates trade union movement, skews class distribution of
output, dilutes workers' rights, and renders them vulnerable. The
book: identifies and critically examines the theory underlying the
labour market flexibility (LMF) argument employs innovative
empirical methods to test the LMF argument offers an overview of
the organised labour market in India comprehensively discusses the
proposed/instituted labour law reforms in the country
contextualises the LMF argument in a macroeconomic setting
discusses the political economy of labour law reforms in India.
This book will interest scholars and researchers in economics,
development studies, and public policy as well as economists,
policymakers, and teachers of human resource management.
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