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‘Implementation of labour codes to boost consumption by ₹75K cr’
Millennium Post Delhi
|Delhi 26 November 2025
MUMBAI: Implementation of the new labour codes will boost consumption by Rs 75,000 crore and increase share of formal workforce by at least 15 per cent, economists at State Bank of India (SBI) said in a note on Tuesday.
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‘The code, which has been implemented from November 21, will also increase social security cover to up to 85 per cent in the next three years and reduce the unemployment rate by 1.3 per cent over the medium term, they said in a note.
Cette histoire est tirée de l'édition Delhi 26 November 2025 de Millennium Post Delhi.
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