Labour-intensive enterprises lose a greater number of days due to strikes and lockouts, report higher average time for environmental approvals, and face longer power shortages.
Labour regulations are a bigger constraint for labour-intensive firms than any other issue, says an Enterprise Survey of manufacturing firms jointly undertaken by NITI Aayog and IDFC Institute, a Mumbai-based think-tank.
The survey reveals that labour-intensive sectors, which create proportionately more jobs per unit of capital investment, feel more constrained by such regulations...................Read more
Source: Business Line
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