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Lockdown: UP labour reforms will spur investment, create jobs: MSMEs

MSME chamber IIA urges labour unions to support these relaxations

MSME ministry likely to streamline existing schemes for better results
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Welcoming these proposed labour reforms, MSME chamber Indian Industries Association (IIA) claimed they were imperative to countervail the challenges posed by covid-19

Virendra Singh Rawat Lucknow
The micro, small and medium enterprises (MSME) have hailed the Uttar Pradesh government's labour reforms saying it will spur fresh investment and create job opportunities amid the Covid-19 lockdown.

The Yogi Adityanath cabinet had on Wednesday approved the urgent proposal to amend several labour laws through an ordinance to facilitate the speedy revival of largely paralysed business and industrial activities in UP.

The government has given its nod to the ordinance, which exempts businesses from the purview of major labour laws for three years to overcome the challenges of covid-19 lockdown by purportedly attracting fresh investment, enable faster resumption of

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