HR Law Hotline
June 01, 2021
The Indian Labor Code 2030? A futuristic vision and hope

This article was originally published on 31st May 2021 in


SUMMARY

So what will India’s labour and employment scenario look like in 2030? Here’s my vision as I time travel and go back to the future!

Its 2030. India is now the most populated and labor-intensive country in the world!

Robots have taken over in India…albeit only the regular, menial, routine tasks. Designer babies at home, driverless electric cars & bikes on the road, drones in the sky, are the norm. The Indian economy is fully digitized. Other countries have started receiving FDI from India. Foreign companies list on Indian stock exchanges. Indian cryto-rupee, the world’s strongest currency, is used for international trade. The first trillion-rupee company is Indian. The upcoming Avengers 2030 game has primarily Indian cast. The 2032 Olympics will be held in India. India is finally at # 1 in World Bank’s Ease of Doing Business survey. And the list goes on…

So what will India’s labor and employment scenario look like in 2030? Here’s my vision as I time travel and go back to the future!

For complete article, please click here.

 

– Vikram Shroff

You can direct your queries or comments to the author


Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.


HR Law Hotline

June 01, 2021

The Indian Labor Code 2030? A futuristic vision and hope


This article was originally published on 31st May 2021 in


SUMMARY

So what will India’s labour and employment scenario look like in 2030? Here’s my vision as I time travel and go back to the future!

Its 2030. India is now the most populated and labor-intensive country in the world!

Robots have taken over in India…albeit only the regular, menial, routine tasks. Designer babies at home, driverless electric cars & bikes on the road, drones in the sky, are the norm. The Indian economy is fully digitized. Other countries have started receiving FDI from India. Foreign companies list on Indian stock exchanges. Indian cryto-rupee, the world’s strongest currency, is used for international trade. The first trillion-rupee company is Indian. The upcoming Avengers 2030 game has primarily Indian cast. The 2032 Olympics will be held in India. India is finally at # 1 in World Bank’s Ease of Doing Business survey. And the list goes on…

So what will India’s labor and employment scenario look like in 2030? Here’s my vision as I time travel and go back to the future!

For complete article, please click here.

 

– Vikram Shroff

You can direct your queries or comments to the author


Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.