Workers walk towards a Tata Steel Ltd. plant in Jamshedpur, Jharkhand, on Feb. 11, 2019. (Photographer: Anindito Mukherjee/Bloomberg)
Industrial relations in India have long been cited as a sore point for investors, with laws being viewed as unduly one-sided in favour of workmen and unions, and unnecessary restrictions being imposed on the running or closure of businesses. As part of the government’s initiative to rejig labour and employment laws, the latest development has been the introduction of the Industrial Relations Code, 2019, before Parliament. This seeks ...