Economic Survey projects 1.25% GDP growth from labour reforms
after close1 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 add 1.25% to GDP by FY30. This growth is attributed to enhanced worker welfare and business agility, aiming to boost the Female Labour Force Participation Rate and overall employment. Effective implementation of these reforms is crucial for addressing income volatility and promoting inclusive growth.
• Key reforms include the Code on Wages, Industrial Relations Code, and Code on Social Security.
• Potential to spur productivity amid India’s demographic dividend.
Immediate market implications may arise as these reforms enhance business confidence and economic stability.
Not investment advice. For informational purposes only.