Labour Law reforms will be implemented soon - says the budget.

The budget presented by Finance Minister Arun Jaitley has not mentioned any thing about the important demand of the trade unions that, the minimum wage should be increased to Rs. 18,000 per month. 90% of the work force in India are contract workers, whose wages are abysmally low. Increasing their minimum wages to Rs. 18,000 will not only help the workers,  but will also give a boost to the economic growth,  since increase in the wages of a very large section of the workers will certainly increase the demand for goods. However, nothing is mentioned about this in the budget. 
 
 However, it is clearly mentioned in the budget that, the government will move fast, to bring the Labour Law reforms. Indian and multi national corporates have been telling the government that, Indian Labour Laws are very stringent, and have been demanding that these Labour Laws should be diluted in favour of the investors. They say that, these laws are outdated and need to be changed. However, due to the stiff opposition from the Indian working class, the government is not able to implement the so called reforms. Now, it is mentioned in the budget that government will speedily bring the Labour Law reforms.