Politics

Parliament Session: Key Bills Passed for Economic Growth

Parliament passes crucial legislation aimed at boosting economic growth, including amendments to labor laws and investment policies.

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The ongoing Parliament session has witnessed the passage of several key bills aimed at accelerating economic growth and improving the business environment. The legislation covers labor reforms, investment facilitation, and regulatory simplification.

The Labor Code amendments will provide greater flexibility to businesses while ensuring worker protection. The new investment policy framework aims to attract foreign direct investment in strategic sectors.

Opposition parties have raised concerns about certain provisions, leading to detailed discussions and amendments. The government has assured that all stakeholder concerns will be addressed during implementation.

Industry associations have welcomed the reforms, stating they will help India become a more competitive manufacturing destination and create employment opportunities.

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