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Labour Codes to align wage growth with profits: CEA Nageswaran

India's new labour codes are set to boost worker pay and benefits, matching corporate profit increases. This reform aims to share economic gains more equitably. The changes are expected to create millions of jobs and increase worker incomes. This could significantly boost consumption and economic growth. The codes also seek to improve female workforce participation and formalise employment.

30 Jan 2026 1:02 pm