Agency, Mumbai.
Published by: Jeet Kumar
Updated Thu, 10 Mar 2022 06:09 AM IST
Summary
Responding to this report, Secretary, Department for Promotion of Industry and Internal Trade, Anurag Jain said that 70 per cent of these are related to labor laws.
A top central government official has said that it is still difficult for industries to do business, especially with workers, due to excessive legislation. Anurag Jain, Secretary, Department for Promotion of Industry and Internal Trade, while reacting to the think tank’s recent report titled Jail for Doing Business, said that for industries to flourish, state governments have to adopt simpler labor laws passed by Parliament.
A think-tank report states that there are 26,000 laws in the country, where even a single violation leads to an entrepreneur going to jail. Responding to this report, Secretary, Department for Promotion of Industry and Internal Trade, Anurag Jain said that 70 per cent of these are related to labor laws.
Jain said that after studying the report, we found that the Parliament has made four labor laws. In the program of the group of investment related industry, the central official said that these four laws have made those laws easy. Now the next step is for the states to adopt those laws and issue a formal notification on it as soon as possible. He said that we need to work together with the states.
Expansion
A top central government official has said that it is still difficult for industries to do business, especially with workers, due to excessive legislation. Anurag Jain, Secretary, Department for Promotion of Industry and Internal Trade, while reacting to the think tank’s recent report titled Jail for Doing Business, said that for industries to flourish, state governments have to adopt simpler labor laws passed by Parliament.
A think-tank report states that there are 26,000 laws in the country, where even a single violation leads to an entrepreneur going to jail. Responding to this report, Secretary, Department for Promotion of Industry and Internal Trade, Anurag Jain said that 70 per cent of these are related to labor laws.
Jain said that after studying the report, we found that the Parliament has made four labor laws. In the program of the group of investment related industry, the central official said that these four laws have made those laws easy. Now the next step is for the states to adopt those laws and issue a formal notification on it as soon as possible. He said that we need to work together with the states.