08-January-2026
Economy News
 
Labour Codes may spur hiring as firms get more flexibility to restructure
03-Jan-2026

The new Labour Codes are likely to boost the hiring appetite across manufacturing, logistics, hospitality, and micro, small and medium enterprises (MSMEs) as they will now have more room to restructure operations without needing complex government approvals, experts said. Under the Industrial Relations Code of the Labour Codes, establishments employing fewer than 300 workers do not require prior government approvals for layoffs, retrenchment and closure of operations. Previously, this threshold was 100 workers.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/labour-codes-may-spur-hiring-as-firms-get-more-flexibility-to-restructure/articleshow/126311923.cms