How can Governments help employers and employees during COVID19? : Suggested Policy Measures

Businesses everywhere have been grappling with the effects of the #COVID19 crisis over the past few weeks. In a bid to manage personnel costs, many companies across industries have resorted to the difficult step of laying off many of their resources, or announcing pay cuts. Recognizing the perils of such job loss on the community at large, the Central & State Governments have issued advisories urging companies to retain their workforce and pay timely wages.   

In today's podcast, Samheeta Rao & Amrut Joshi discuss some legal and policy measures that the Central Government could consider taking, to ease this burden on and preserve liquidity for companies, while also protecting the interests of employees to the maximum extent possible.