ENA Features 2017-08-28 11:36:05 <p><strong>New Delhi, Aug 28 (KNN)</strong> For enhancing the ease of doing business environment in the country, the NITI Aayog today recommend reforming labour laws and a greater flexibility in their implementation.</p> <p>Law Minister Ravi Shankar Prasad and Industry and Commerce Minister Nirmala Sitharaman today released its Ease of Doing Business survey report.</p> <p>NITI Aayog said that firms in labour intensive sectors find compliance with labour-related regulations particularly onerous .</p> <p> This fact translates into enterprises avoiding labour-intensive sectors, it said adding that a large number of firms covered in the survey reported that finding skilled workers, hiring contract labour and firing employees was a major obstacle.</p> <p> The fact that enterprises in labour-intensive sectors experience greater difficulty than those in capital-intensive sectors points to the need for further reform in this area, said the report.</p> <p> In addition, more flexible labour laws will also allow enterprises to grow larger and reap economies of scale, generating productivity improvements, job creation and higher growth, it said.</p> <p>The survey covers more than 3,000 enterprises across India and makes an effort to assess ease of doing business from their perspective as opposed to the perspective of policy makers.</p> 17909 http://knnindia.co.in/news/newsdetails/features/enterprises-in-labour-intensive-sectors-experience-more-difficulty-than-in-capital-intensive-sectors-need-reforms-eodb-survey-report 2017-08-28 11:36:05 knnindia.co.in