Indian economy can grow at 9-10 per cent by the end of the 12th Five Year Plan if the coordination and collaboration of stakeholders accelerates the manufacturing sector by 2-4 per cent, Planning Commission member Arun Maira today said.
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However, the existing labour laws are very antique and badly administered and require amendment, he said, adding that "amendment to the law should be made after taking into consideration the views of various stakeholders involved at ground level that will lead to improved productivity."
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