Industrial Relations in India

proximo of Industrial Relations and Industrial
Relations in Future : The Indian Scenario
Devashis Rath and Snigdharani Misra

Today, the Indian economy has opened
up to face ball-shaped competition and there is
already a rush of distant capital and
manufacture into this country. This change in
the stinting environment has affected
the correct gamut of structures, styles, and
contents of all those who have a stake in
the stinting firmament of this country.
This article by Devashis Rath and
Snigdharani Misra analyses the effect of
this change on the industrial relations
scenario of our country and makes an
attempt to put forth a possible futuristic
model of industrial relations in the years
to come.
Devashis Rath is in the Human Resources
department of Indian Metals
and Ferro Alloys, Bhubaneswar and
Snigdharani Misra is a Ph.D. student in
the PMIR Department of Utkal University,
Bhubaneswar.

The year 1991 heralded for the entire Indian subcontinent changes that were unprecedented and unheard
of in post-independent India. Too many crucial economic decisions were pushed through the organisation by
too few and too fast â€" decisions that had the greatest
ever tint on the social, economic, industrial, political
and even on the day-to-day life of the add up Indian.




There was a paradigm shift as render in Figure 1.
From a CRP â€" controlled, regulated, and protected â€"
economy, India made a shift to the LPG â€" liberal, privatized, and global economy. This paradigm shift had its
greatest impaction on the Indian industry. All of a sudden,
it had to face quadruplet hard realities of this shift. They were:
First generation competition.
Second generation systems and procedures.
trey generation technologies and technical knowhow.
Fourth generation mindset.
For long, the Indian industry had enjoyed the
parental affection of the government under various
pleas of socialism, welfare state, economic and industrial
development, etc. Now it had to fight...If you want to get a honest essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper