Prime Minister Narendra Modi unveiled long-awaited labour reforms this morning, emphasising in his address that “ease of business is essential to the success of ‘Make in India,'” his government’s mega plan to turn India into a manufacturing hub. The PM said, “Shramev Jayate (labour triumphs) has the same power as Satyamev Jayate (truth triumphs) does for the development of our nation.” Labour problems “must be seen through the eyes of the shramik (worker) not industrialists,” he said, adding that people must change their attitude towards those who do manual labour. In the reforms today, the wage ceiling has been raised from Rs. 6,500 to Rs. 15,000 per month to ensure vulnerable groups are covered under the EPF scheme. A minimum pension will also be introduced for the first time, so after retirement, a person gets at least Rs. 1,000 per month.

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