Check pervasive state control in business, OECD tells India

This is a must to maintain robust economic growth, said a OECD report released on the sidelines of meeting of G20 Central Bank Governors and Finance Ministers at Sydney on Friday. There is also need to reconsider overly stringent labour regulations that hinder job creation in the formal sector and leave most workers with no formal labour contract and social security cover, the report added.

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