New labour codes, effective November 21, are projected to inject Rs 75,000 crore into consumption and boost the formal workforce by 15%. Social security coverage is expected to reach 85% within three years, potentially reducing unemployment by 1.3%. This reform aims to create a protected and productive labour market for both workers and businesses.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/lWa4ZPG
