COVID-19 and Labour Reforms in India: 2020-21

Registration ID: IJNRD_180817

Published ID: IJNRD2204007

DOI: http://doi.one/10.1729/Journal.29789

Susanta Kumar Bag

(Key Words- Covid-19, economic impact, labour reforms, Atmanirbhar Bharat, concluding remarks)

(Abstract- The world pandemic Covid-19 ravaged the world economy. It had inordinate impact on the livelihood of the people of India. Due to India went for lockdown which hit hard to various sectors including MSME, hospitality, civil aviation, agriculture and industries, and other allied sectors in India. The Government of India consequently carried out various reform measures. The Indian policy makers in order to revive the economy as a policy response attempted to revive MSMEs to help the affected poor during Covid-19 pandemic. Accordingly as a reform measure under the scheme of Pradhan Mantri Garib Kalyan Yojana (PMGKY) for ensuring food security through public distribution system (PDS) and funds to help women, widows and prisoner’s additional funds for MGNREGS were revived. These reform measures were carried out during corona crisis as there were acute economic crisis including labours in various sectors. The above reforms were introduced under the scheme of Atmanirbhar Bharat Mission-2020 which focused on the potential of primary (agriculture and mining sectors) and secondary sectors of the economy to create jobs for enhancing income and social security. Narendra Modi, the PM of India announced 20 lakh crore as relief package and the Finance Minister was entrusted with the responsibility to distribute the funds to various sectors. This was the biggest package plan from Government of India made in the history. The Finance Minister Nirmala Sitaraman, following PM's address before lockdown 4.0, in media briefing furnished the detailed plan layout of 20 lakh crores. The Finance Minister rolled out many sweeping or drastic reforms for the farm sector. The labour reform was most significant step taken by GOI, to help the destitute during corona pandemic period.)

Published Paper   E-Certificate

Susanta Kumar Bag (April-2022). COVID-19 and Labour Reforms in India: 2020-21. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 7(4), 68-75. http://doi.one/10.1729/Journal.29789

Volume 7 Issue 4, April-2022

Pages : 68-75

Paper Reg. ID: IJNRD_180817

Published Paper Id: IJNRD2204007

Downloads: 000121985

Research Area: Social Science and Humanities 

Country: New Delhi, Delhi, India

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Crossref DOI: http://doi.one/10.1729/Journal.29789

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

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