Economics · Indian Economy
What is the primary objective of implementing Labor Reforms, such as the consolidation of labor codes in India?
- 1To uniformly minimize the national floor level minimum wages across all sectors
- 2To phase out and entirely eliminate registered trade unions across industries
- 3To enhance ease of doing business, promote employment generation, and increase productivity✓
- 4To reduce the statutory labor rights and working conditions of industrial workers
Correct answer
To enhance ease of doing business, promote employment generation, and increase productivity
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