India's proposed 70 hour work week: ILLEGAL AND ABUSIVE *OR* ROAD TO NATIONAL GREATNESS?
I'm not sure... there is such a thing as a POINT OF DIMINISHING RETURNS....
Regardless, I see this as part of the Indian government's attempts at trying to replicate China's success.
My gut feeling is the path to unleashing India's total economic potential lies in:
- free trade / free markets
- reduced government size
- less regulations
- lower taxes
- privatization
Not gonna happen anytime soon due to political realities. Reference: massive protests when Modi tried to reform Indian agriculture
|