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The Economic Times

Economy / The Economic Times

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New labour codes to drive wider adoption of fixed-term employment: Report

Companies anticipate a surge in fixed-term jobs following new labour code implementation. This signals a move towards formal employment. While many firms are preparing, a readiness gap exists. The Code on Wages is expected to bring significant changes. Overall, the new codes are seen as a positive step for formalisation and compliance in India.

15 Mar 2026 3:43 pm