Sumita Dawra notes that India’s new labour codes make the country highly competitive, offering internationally compliant social security, flexible working hours, and wage rates that rival Vietnam, Cambodia, and Laos, strengthening India’s appeal to both foreign and domestic investors. Watch the full interview here - https://www.youtube.com/watch?v=sPI88ngg-ck

Sumita Dawra explains that the labour codes align India with global standards on labour welfare and social security, and the idea of a living wage fits naturally with India’s own multidimensional poverty framework used by NITI Aayog. Watch the full interview here - https://www.youtube.com/watch?v=sPI88ngg-ck

Sumita Dawra highlights that the new labour codes transform India’s labour ecosystem, making minimum wages a statutory right, ensuring timely payments, introducing a national floor wage, and creating a skilling fund to support workers through retraining. Watch the full interview here - https://www.youtube.com/watch?v=sPI88ngg-ck

Sumita Dawra explains that India’s labour reforms make the country globally competitive, offering flexible working hours, internationally aligned social security standards, and wage rates that rival Vietnam, Cambodia, and Laos, strengthening its appeal to foreign and domestic investors. Watch the full interview here - https://www.youtube.com/watch?v=sPI88ngg-ck

Sumita Dawra, former Labour Secretary of India, calls the new labour codes a game-changer, strengthening worker welfare, expanding social security, and boosting economic growth through higher incomes and consumption. Watch the full interview here - https://www.youtube.com/watch?v=sPI88ngg-ck

Sumita Dawra, former Labour Secretary of India, discussed the significance of recent labour law reforms that consolidate 29 labour laws into four codes, emphasizing their importance for India's global competitiveness and economic growth. The reforms aim to modernize India's labour laws by simplifying compliance, improving labour productivity, and attracting foreign investments while ensuring worker welfare through provisions like fixed-term employment and minimum wages. Sumita Dawra highlighted how these transformative changes would enhance India's position in global value chains and improve social security, predicting positive impacts on the economy over the next few years. Labour Codes Reform for Competitiveness - Sumita Dawra, former Labour Secretary of India, explained the significance of the labour codes reform, which consolidates 29 labour laws into four codes. She emphasized that this reform is crucial for India to remain competitive globally and attract more investments, as the country aims to become the third-largest economy by 2025. The reform aims to modernize India's labour laws and align them with global standards, improving labour productivity and attracting foreign investments. Simplifying India's Labour Codes - The discussion focused on the objectives of simplifying India's labour codes, which aim to enhance labour welfare, productivity, and ease of doing business. Sumita Dawra explained that the codes consolidate multiple outdated laws, reduce compliance burdens, and decriminalize violations by introducing fines and compounding for minor offenses. She highlighted the introduction of fixed-term employment, which allows businesses to scale up operations without legal implications, and the increased threshold for layoffs, along with state flexibility in determining overtime work. India's Labour Reforms Facilitation Shift - Sumita Dawra discussed the comprehensive labour reforms in India, emphasizing a shift from a compliance-focused approach to one that facilitates economic growth and worker welfare. She highlighted the importance of inspectors transitioning from their traditional role to becoming facilitators who assist businesses and workers in understanding and utilizing labour laws effectively. The reforms aim to reduce red tape, attract investments, and improve the ease of doing business while ensuring labour productivity and welfare Fixed-Term Employment Provision Overview - Sumita Dawra explained the importance of the new fixed-term employment provision, which addresses the issue of labour contractualization in the country. She noted that the provision aims to provide flexibility for industries while ensuring that workers receive the same emoluments and benefits as regular employees, thus promoting worker welfare and labour productivity without legal complications. Labour Codes: Enhancing Productivity - Sumita Dawra discussed the benefits of the labour codes, highlighting how they enhance labour productivity by establishing minimum wages, ensuring timely payments, and creating a skill fund for workers. She emphasized the formalization of the labour force, improved safety standards, and social security benefits, which contribute to worker security and productivity. The codes also provide flexibility in working hours, allowing workers to earn more. India's Labour Reforms: A Boost - Sumita Dawra discussed the transformative impact of India's labour reforms, emphasizing their potential to enhance worker welfare, improve social security, and boost the economy through increased purchasing power and consumption. She highlighted the benefits of simplified labour compliance, reduced regulatory burdens, and improved competitiveness for industries, predicting that these changes would contribute to India's growth trajectory. Hindol thanked Sumita for her insights and mentioned that the discussion would be shared publicly later that day. Chapters - 0:00-1:01 Opening 1:20-2:38 Labour law reforms in India 3:02-7:24 Why India compressed 29 labour laws into 4 codes 8:08-9:44 The mindset shift that could transform India’s labour system 10:02-11:37 The employment tenure reform India has waited for 12:15-14:19 Can India boost productivity? The role of the new labour codes 15:00-17:16 Living wage: the global standard India wants to match 17:52-19:50 How labour codes can boost India’s exports and FDI 20:30-23:03 How labour reforms will drive India’s economic growth 23:06-23:40 Closing #labourlaws #india #interview #hindolsengupta #indiaeconomy #economicgrowth #indianews #viralvideo #breakingnews #labourlaw #export #fdiindia

Kanwal Sibal says geopolitics is far more complex than economics if it were only about trade, India and China would have perfect ties. Reducing an entire relationship to tariffs, as Trump does, is a narrow and irrelevant way to engage with global affairs; a traditional Republican president who believes in open markets would be far better for India Watch the full interview here - https://www.youtube.com/watch?v=6G0NeIIswr4

Kanwal Sibal says U.S. society is deeply polarized between MAGA conservatives and liberal Democrats, a divide likely to intensify as America’s rapidly growing non-white population becomes the majority by the 2040s Watch the full interview here - https://www.youtube.com/watch?v=6G0NeIIswr4