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Detailed stories on technology startups, business and economic current affairs.
Last week, Larsen & Toubro chairman S. N. Subrahmanyan blamed welfare schemes for unavailability of labour. There are other factors in play too.

“Labour is not willing to move for opportunities... Maybe their local economy is doing well, maybe it is due to the various government schemes and direct benefit transfers available to them, but they are not willing to move.” This is what Larsen & Toubro (L&T) chairman S. N. Subrahmanyan said last week. Subrahmanyan is known to make outlandish remarks. Not long ago, he advocated for a 90-hour work week, including on Sundays. It created quite a stir where he became the subject of several online memes. Not surprisingly, his latest comment has also sparked a controversy. Except, it might have …