INTRODUCTION
There is a view that the Indian Labour Legislation has vowed its
commitment to the welfare of workers alone. Despite numerous
legislations, the enforceability always seemed to lack in India,
thus defeating the very purpose. Labour market flexibility is a
very important factor that influences the flow of foreign direct
investment in any country. A need was seen for having fewer laws,
like a unified labour code and ensuring better enforcement.
This approach has not only made India's rank in World
Bank's ranking of countries for "Ease of Doing
Business" better, but it has also been in furtherance of the
'Make in India' campaign by the Prime Minister.
In order to make India a business friendly nation in line with
changing market conditions, initiatives have been undertaken by the
government since 2014, and have been going on; with the most recent
amendment in maternity and child labour law and some are in the
pipeline, simplifying and consolidating laws