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Financial Express Kochi
|February 13, 2025
The L&T chief has raised a critical point, but welfare schemes alone are not the reason for labour shortage
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L&T CHAIRMAN SN Subrahmanyan's angst that labourers are unwilling to work or relocate for jobs due to the availability of government welfare schemes and a preference for comfort is understandable as he was merely articulating the feelings of a lot of his peers in corporate India. Subrahmanyan may in fact feel vindicated as even the country's apex court has come down heavily on governments and political parties announcing freebies ahead of elections, and said it is disincentivising people from working and, in states like Maharashtra, drying up the labour force.
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