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!!!