‘India should ease law on firing workers’

Bloomberg

India should ease norms for hiring and firing workers to make it easier for companies to do business in the country, according to an ex-adviser to PM Narendra Modi’s government.
Easing the rules are crucial for employers, as their primary aim is not to fire workers, Arvind Panagariya, the head of government think-tank NITI Aayog, said in New Delhi.
“You need consistency across labour laws.”
Finance Minister Nirmala Sitharaman, in her maiden budget, proposed combining multiple laws governing workers to form four sets of labour codes to improve the ease of doing business.
But what’s needed is the reform of labour laws and not just streamlining of existing ones, said Panagariya.