Write a precis of the passage given below in about one-third of its length. Please do not give any title to it.The precis should be written in your own language.

Following the adage, “never waste a crisis”, the government of Uttar Pradesh, last week, introduced an ordinance that has scrapped most labour laws for three years ostensibly for creating jobs and for attracting factories exiting China following the outbreak of the novel coronavirus. These laws deal with the occupational safety, health and working conditions of workers, regulation of hours of work, wages and settlement of industrial disputes.They apply mostly to the economy’s organised (formal) sector,that is, registered factories and companies, and large establishments in general. Madhya Pradesh and Gujarat have quickly followed suit. Reportedly, Punjab has already allowed 12hour shifts per day(72 hours per week) in factories without overtime payment to overcome worker shortage after the migrants have left in the wake of the national lockdown.Shock point Snatching away labour rights in the midst of a global pandemic and national lockdown is distressing and shocking. Over the course of the last seven weeks, we have witnessed unheard of human distress as lakhs of migrant workers continue to desperately trudge to their villages after losing their jobs, livelihoods, and toeholds in cities. Despite overflow Employers’ associations have urged the central government to do away with most labour rights to address temporary labour shortages. Trade union leaders from the Bharatiya Mazdoor Sangh to the Centre of Indian Trade Unions and Opposition leaders in Uttar Pradesh have condemned the ordinance. It will face a challenge in courts, legal experts say. The abrogation of labour laws raises many constitutional and political questions. But will it expand employment and output growth, as claimed by its proponents? Such a step, by popular belief, will reduce wage costs, increase Profit. Before the lockdown, the annual GDP growth rate had plummeted to 4.7% during October December quarter of 201920, from 8.3% in the full year of 2016-17. The slowdown is due to lack of demand, not of supply, as widely suggested. With massive job and income losses after the lockdown, aggregate demand has totally slumped, with practically no growth. Therefore, the way to restart the economy is to provide income support and restore jobs.