Economic survey predicts 1.25% GDP boost from labour reforms
pre-market1 source ↓written by the desknot a recommendation
- by FY30
- 1.25% to GDP
The Economic Survey for 2025-26 indicates that new labour codes could contribute 1.25% to GDP by FY30, enhancing worker welfare and business agility. This reform aims to improve the Female Labour Force Participation Rate and promote inclusive growth amid India's demographic dividend. Effective implementation is crucial for addressing income volatility and benefit gaps.
• Key labour codes include the Code on Wages and Industrial Relations Code.
• Potential to spur productivity and formal employment.
Not investment advice. For informational purposes only.