HR Law Hotline: The Indian Labor Code 2030? A futuristic vision and hope

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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 ShroffYou can direct your queries or comments to the author


Benchmark Litigation Asia-Pacific:Tier 1 for Government & Regulatory and Tax
2020, 2019, 2018

Legal500 Asia-Pacific:Tier 1 for Tax, Investment Funds, Labour & Employment and TMT
20a20, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012

Chambers and Partners Asia-Pacific:Band 1 for Employment, Lifesciences, Tax and TMT
2020, 2019, 2018, 2017, 2016, 2015

IFLR1000:Tier 1 for Private Equity and Project Development: Telecommunications Networks.
2020, 2019, 2018, 2017, 2014

AsiaLaw Asia-Pacific Guide 2020:Ranked ‘Outstanding’ for TMT, Labour & Employment, Private Equity, Regulatory and Tax

FT Innovative Lawyers Asia Pacific 2019 Awards: NDA ranked 2nd in the Most Innovative Law Firm category (Asia-Pacific Headquartered)

RSG-Financial Times: India’s Most Innovative Law Firm
2019, 2017, 2016, 2015, 2014

Who’s Who Legal 2020:
• Nishith Desai- Thought leader (Corporate Tax 2020, India 2020), Global leaders
(Private Funds 2020)
• Vikram Shroff-Global Leaders (Labour & Employment 2020, Pensions & Benefits 2020)
• Milind Antani- Pharma & Healthcare – only Indian Lawyer to be recognized for
‘Life sciences – Regulatory,’ for 5 years consecutively


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