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  • Essay / Policy for Development of Trade Unions and Industrial Relations in India

    The Trade Union Act, 1926 encourages the composition of more than one union in an establishment as it allows that not only seven or more workers can form a union but also to apply. for registration under the law, which may harm labor peace and harmony and increase inter-union and intra-union relations. This law also protects union leaders from wrongdoers and civil liability when they further union intrigues. Union leaders used this authorized protection to create industrial unrest that could hamper the horizontal functioning of industries. This law also allows foreigners to interfere in the functioning of unions as officials. It ultimately concludes that the prevailing labor laws in India have not regulated in such a way as to encourage global labor accelerated manufacturing and that the two laws mentioned above need to be amended at the earliest to make them more contemporary in matters of job creation. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay Saini DS (2014) explains that since 1991, the industrial paradigm in India has been evolving in the direction of ecumenical competition, organizational efficiency, good organization and common teamwork. With the help of this research paper, she examined the approach of the Trade Union Act, 1926/The Industrial Employment (Standing Orders) Act, 1946/ and the Industrial Disputes Act, 1947, worked and to what extent they are contemporary. in the current business environment in India. Sarkar P. and Deakin S. (2011) discussed the correlation between labor regulations, industrial production and unemployment using leximetric methods. Based on econometric time series analysis, they recognized an inverse relationship between labor law and unemployment from a border perspective, while high unemployment leads to the implementation of worker-friendly labor laws . However, India's labor laws, which are eccentrically pro-worker, pose a major obstacle to industrial intensification and the development of the formal sector (registered employment) at the expense of the informal sector (unregistered employment). Deakin S. and Haldar A. (2015). ) verbalized that labor laws protective of workers in India are not contemporary in today's times and are often expressed as being rigid/traditional/outdated. Thus, they are unable to meet current needs and are generally a hindrance in our rapidly growing economy. Such labor laws discourage investors from investing in India, which certainly aggravates the unemployment problem in India. Indian labor laws are of an inappropriate standard for a developing economy, which would otherwise be able to use cheaper labor as an internal environmental factor, which certainly gives it a comparative advantage over its business competitors . During the last general elections, the central point of Narendra Modi's campaign was the promise that he would do for India exactly what he had done in Gujarat as chief minister. The 'Gujarat Development Model' is described as a business-friendly approach, providing an improved infrastructure package with good governance and minimal intervention from the state government. The Gujarat model emphasizes reform of governance structures as a path to progress, deregulation of labor law.