New govt should focus on land, labour reforms to boost growth: Experts

To mitigate the impact of rampant contractualisation of labour force, the govt must look at how to create basic social security net for individuals, feels Sengupta

Chief Economic Advisor Krishnamurthy Subramanian recently highlighted the need for land and labour reforms for the Indian economy to improve its long-term competitiveness. Given the patchy track record of successive governments at the Centre — and in the States — on this front, experts feel the new government should focus on measures that have more impact on the ground.

Take, for instance, land reform. Arghya Sengupta, research director at Vidhi Centre for Legal Policy, feels the focus in 2019 should not be primarily on land acquisition, which is a political hot potato, but rather on land records. “If the government can