Rajesh Sivaswamy Shares Legal Perspective on India’s New Labour Codes

In a recent article published by Moneycontrol titled “‘One-time expense’, says government, industry seeks uniformity as new labour codes squeeze margins”, Rajesh Sivaswamy offered a nuanced legal perspective on the implementation of India’s new labour codes and their impact on businesses.

Commenting on the reforms, Rajesh highlighted that while the labour codes are designed with a long-term vision, their rollout requires careful calibration. He noted:

“The objective of the labour codes is long-term workforce protection and simplification, and wholesale rollbacks may not be desirable. However, phased implementation, sector-specific clarifications or transitional relief for knowledge-driven industries like IT could help balance employee welfare with global competitiveness.”

His remarks highlight the importance of achieving a balance between strengthening employee welfare and maintaining India’s attractiveness as a global business and technology hub. As organisations navigate increased compliance costs and operational adjustments, Rajesh emphasised that a measured, consultative, and sector-sensitive approach could ease the transition without diluting the intent of the reforms.

Visit Article Here: https://www.moneycontrol.com/news/business/one-time-expense-says-government-industry-seek-uniformity-as-new-labour-codes-squeeze-margins-13781686.html