The ongoing debate on the labour reform in India had opened a plethora of questions. The need of flexibility in the existing archaic labour laws has been a long pending issue. Undoubtedly, the new government, intended in bringing much needed investment, re initiated the case by fast-tracking the reform process. However, report of the periodic employment and unemployment surveys (EUS) suggests that only states that only a small share of the total employed persons are in the organized sector. This leaves out almost 90 percent of the workforce outside the ambit of the law and regulation. Thus the agenda needs to be pput in perspective of contractual employment prevalent in India.