Rohitaashv Sinha Comments on Challenges of Implementing Social Security Code
Rohitaashv Sinha shared critical insights on the proposed implementation of the Social Security Code in an article titled “Govt may opt for staggered roll-out of social security code,” published in the Financial Express.
Rohitaashv emphasized, “The increased burden might deter investments, reduce competitiveness, and impact the informal sector’s transition into formalized structures.”
His remarks highlight the delicate balance that policymakers must maintain while rolling out the Social Security Code. While its implementation is aimed at creating a robust and equitable framework for labour welfare, the associated costs and structural changes could impose challenges on businesses, potentially impacting India’s investment climate and slowing the formalization of the informal sector.
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