Settlement Machinery in Public & Private Enterprises in Kerala
Published: 2011
Author(s) Name: Venugopalan K.V.
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Abstract
Industrial relations play a crucial
role in establishing and maintaining
industrial democracy. But,
modern industrialisation has created
a yawning gulf between employers
and workers because of
the absence of worker’s ownership
over the means of production.
The resultant industrial conflicts
ultimately led to work stoppages
in the shape of strikes and
lockouts affecting both to the
stock holders and stake-holders.
An amicable and early settlement
of industrial disputes is very necessary
for the continuous development
and smooth functioning
of industrial activity. A fair and
independent machinery for the
peaceful settlement of industrial
disputes is a pre-requisite for the
establishment of good industrial
relations, argues the author.
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