Indian Polity · Polity
Consider the following statements regarding the Indian labour market and the proposed new Labour Codes: Statement I: A significant proportion of the youth workforce in India operates in the informal sector, often lacking formal written contracts and mandatory social security benefits. Statement II: The enactment of the new Labour Codes automatically converts all existing informal and gig employment into formal public-sector equivalent jobs, eliminating informational issues overnight. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement I and Statement II are correct, and Statement II is the correct explanation for Statement I.
- 2Both Statement I and Statement II are correct, but Statement II is not the correct explanation for Statement I.
- 3Statement I is correct, but Statement II is incorrect.✓
- 4Statement I is incorrect, but Statement II is correct.
Correct answer
Statement I is correct, but Statement II is incorrect.
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