India'S National Strike Is Worth Billions Of Dollars.

India's national strike, the most powerful party in Western Bengal and Kerala, with the most powerful left-wing parties, shows that these traditional areas with planned economy are most resistant to the right-wing people's party government.

2 days in India, there was a nationwide strike. Millions of people in public pportation, urban construction, banking, family services and other major service industries participated in the strike, which affected people's lives to varying degrees, and the economic losses were estimated at several billion dollars.

This is the largest strike ever since India's prime minister Modi came to power.

Analysts believe that the strike is directed at a series of economic reform policies advocated by Moody's, including the reform of labor law and the reform of state-owned enterprises.

A major test of the determination of reform.

Labour law reform leads to opposition

Most of the strikes were buses.

And urban construction and other public and service sectors.

The labor union, which organized the strike, asked the government not to carry out the reform of the labor law that detrimental to the labor rights, and to raise social security and minimum wage protection, reduce privatization, increase investment in state-owned institutions, control prices and increase employment.

After Modi came to power, he advocated right.

In the British colonial period, a whole set of labor laws was reformed, including allowing enterprises to dismiss workers in a simpler way and to declare bankruptcy because of the economic downturn.

The plan was strongly opposed by some unions, especially the public service sector.

They believe that this will damage workers' rights and interests and make workers face unemployment.

The labour law in India is complicated and complicated, and the labour market is complicated.

Domestic and foreign investors are very cautious about investing in India for fear of falling into labor disputes.

The Modi administration believes that if we do not reform the labour law, it is difficult to attract foreign investment and create employment.

This is one of the main reasons for modi's advocacy of the reform of the labour law.

Although India has fewer job opportunities and more unemployed people, the labour market is very conservative. Whether it is public sector or private sector, jobs are usually inherited from families or relatives, friends or even caste religions.

In addition, there are many trade union factions.

On the one hand, this situation makes the labor market saturated, and on the other hand, it also hinders economic and social development objectively.

Economic change leads to discontent

The strike has the highest proportion of people in Western Bengal and Kerala, which are more powerful in left-wing parties, indicating that these traditional areas with planned economy are most resistant to the right-wing people's party government.

Since independence, India has been implementing the plan for a long time.

The National Economic Planning Commission is responsible for formulating economic policies, so the public sector and some state-owned enterprises used to enjoy a high position in India.

Since the 90s of last century, India began to reform the market, the original planned economic model was hit, the status of the public sector fell and the labor stratum had brought great pressure.

To promote economic development, the Modi administration came into power last year to further encourage private enterprises, including a large number of small and medium-sized enterprises to participate in the national economic activities, give preferential policies to them, and abolish the National Economic Planning Commission, which objectively brings greater impact on the status of the public sector and state-owned enterprises.

Social upheaval intensifies contradictions

With the economic growth in recent ten years, India's society is undergoing drastic changes.

The uneven distribution of wealth and serious social contradictions are the underlying reasons behind this great strike.

In recent years, land pactions have been active, and real estate development has become a means for some people to get rich.

At the same time, the stock market boom also brings a lot of hot money flow.

In this process, the gap between the rich and the poor widened further, and the employees in the public sector and state-owned enterprises were greatly affected.

Coupled with rising prices, a large number of rural people have gone to cities to find jobs, occupying resources in public and service sectors, and also caused strong dissatisfaction among these sectors.

Whether the government of India can properly alleviate public discontent, effectively resolve social contradictions, and continue to steadily push forward reform is related to the future development prospects of this great power in South Asia.