Historically, determination of wages is one of the most complex issues in economic theory. The complexity primarily arises due to the imperfect labour market conditions and prevalence of structural rigidities such as existence of trade...
A few months back there was a World Bank Report, inter alia, highlighting that India slipped to the 142nd position in the ranking of 189 countries in respect of ‘Ease of Doing Business’ which prompted...
Labour laws in India are perceived by trade and industry circles as complex, archaic and not conducive to promoting the interests of the industry. The complexity stems from the fact that some of the labour...
