Advanced research studies in commerce and management present thought-provoking research papers in the field of commerce and management. The subject matter of this book is structured around nine important areas in the field of commerce and management, which can be advantageously used by research scholars, teachers, financial managers, creditors and businessmen.

Indian labour law refers to laws regulating employment in India. There are over fifty national laws and many more state-level laws. Traditionally Indian governments at federal and state level have sought to ensure a high degree of protection for workers. So for instance, a permanent worker can be terminated only for proven misconduct or for habitual absence. Moreover, it took two decades to complete the legal process. In 2008, the World Bank has criticised the complexity, lack of modernisation and flexibility in Indian regulations. India can boast of a quarter of the world’s workforce by 2025, provided the country harnesses the potential of its young and productive population. It also ranked that states on the basis of improvement in their labour ecosystems in terms of state efforts in various areas like education and training, infrastructure, governance and the legal/regulatory structure. This book is useful for lawyers, industrial persons and for students.