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ARTICLE · 21 FEBRUARY 2025

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Employment Law – Union Budget 2025

Kochhar & Co.
Kochhar & Co.
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Kochhar & Co.

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The mission will lay emphasis on five focal areas- ease and cost of doing business, a future-ready workforce for in-demand jobs, a vibrant and dynamic MSME sector, availability of technology and availability of quality products.

IndiaEmployment and HR

The National Manufacturing Mission

The mission will lay emphasis on five focal areas- ease and cost of doing business, a future-ready workforce for in-demand jobs, a vibrant and dynamic MSME sector, availability of technology and availability of quality products.

Measures for labour-intensive sectors (for example, leather, food processing and textile) are outlined, adding that the government will undertake specific policy and facilitation measures to promote employment and entrepreneurship opportunities in labour-intensive sectors.

Establishment of a High-Level Committee for Regulatory Reforms

As part of ease of doing business, a High-Level Committee to review all non-financial sector regulations, certifications, licenses, and permissions will be formed. This is aimed to strengthen trust-based economic governance and taking transformational measures to enhance ‘ease of doing business', especially in matters of inspections and compliances.

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