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Ir & Emerging Socio Economic Scenario...

The document discusses industrial relations and emerging socio-economic trends in India. It notes that industrial relations were previously reactive and inflexible, but that the 1991 New Industrial Policy generated a new business environment that liberalized the private sector and improved industrial relations. Key developments since then include stronger trade unions, improved quality of work life, and a more collaborative approach between workers and management with shared goals and more open information sharing.

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89% found this document useful (9 votes)
16K views8 pages

Ir & Emerging Socio Economic Scenario...

The document discusses industrial relations and emerging socio-economic trends in India. It notes that industrial relations were previously reactive and inflexible, but that the 1991 New Industrial Policy generated a new business environment that liberalized the private sector and improved industrial relations. Key developments since then include stronger trade unions, improved quality of work life, and a more collaborative approach between workers and management with shared goals and more open information sharing.

Uploaded by

2ruchi8
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPT, PDF, TXT or read online on Scribd
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Industrial Relations & The

Emerging Socio- Economic


Scenario

Prepared By:
Ruchi Sachdeva
Industrial Relations & The
Emerging Socio- Economic
Scenario
Industrial Relation is the interaction
between workers & the
management.

Emerging socio-economic means


the new trends in IR in the era of
GLOBALISATION.
During earlier times means before the
advent of New Industrial Policy

• The IR were reactive and on adhoc basis.

• They were rigid and inflexible.


But when New Industrial Policy was announced in
1991 IR’s too experienced the change
 New industrial and trade reforms were announced
by the government that improved the relations.

 The best thing was New Industrial Policy


altogether generated a new business environment
where in PRIVATE sector was liberated from the
clutches of excessive government control.

 New Economic Policy maintains good Industrial


Relations.
Developments In IR
Trade unions.

Quality of work life improved.

New context.
TRENDS
OLD New
 Aim – Labor and  Aim –Both have shared
management have and common goals.
different.
 Information- Hold  Information- Open &
information to ones own transparent.
chest.
 Mode of operation- Strict  Mode of operation-
rules and procedures. Realistic plans

 Feeling – Negative.  Feelings- Positive


THANK YOU!!!

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