000 01232nam a22001337a 4500
999 _c533125
_d533125
008 260427b ||||| |||| 00| 0 eng d
100 _a Sapkal, Rahul Suresh Chakma, Kinchan and Parmar, Daksha C.
_960237
245 _aA race to nowhere: Do longer working hours lead to increased productivity?
260 _aEconomic & Political Weekly
300 _a61(6), Feb 7, 2026: p.33-40
520 _aThe extension of statutory working-hour limits has emerged as a pro-business instrument, promoted by the union government as part of the ease of doing business agenda. While such labour law reforms appear to have supported manufacturing performance in select capital-intensive industries, they have shifted the social costs of adjustment onto workers while increasing employer profits. This article examines the economic rationale for changes to work-time regulations, focusing on the Factories Act, 1948. Using evidence from the Annual Survey of Industries, it questions the assumptions of the neoclassical labour demand model and argues that longer working hours may undermine workers’ welfare.-Reproduced https://www.epw.in/journal/perspectives/race-nowhere.html
773 _aEconomic & Political Weekly
942 _cAR