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By patricia cornwell oct 23 2020 read job creation and labour law from protection towards pro action studies in employment and social policy set with india likely to have entered a technical recession for the first time in its history due to the pandemic and millions of informal. The existing labor and employment laws raise the cost of employing people retard job creation reduce wages and hinder the flexibility of both employers and employees. Europes stagnant labor markets are a direct result of labor laws and regulations designed to protect existing jobs even at the social cost of discouraging new capital formation and therefore . With india likely to have entered a technical recession for the first time in its history due to the pandemic and millions of informal workers remaining out of work states relaxed labour laws and parliament passed three labour codes that would arguably spur job creation and investment indias lockdown announced on march 24 and extended thrice was among the strictest in the world