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 b either-shaped competition and there is already a rush of distant capital and manufacture into this country. This change in the s shadowinessing 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 completed Indian subcontinent changes that were unprecedented and unheard of in post-independent India. Too umteen crucial economic decisions were pushed through the organisation by as well as few and too fast decisions that had the greatest ever tint on the social, economic, industrial, political and even on the day-to-day livelihood of the add up Indian.

There was a paradigm trade as render in Figure 1. From a CRP controlled, regulated, and defend economy, India made a qualify to the LPG liberal, privatized, and global economy. This paradigm shift had its greatest impaction on the Indian industry. All of a sud den, it had to face quadruplet hard realit! ies of this shift. They were: First multiplication competition. sulfur 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(a) various pleas of socialism, welfare state, economic and industrial development, etc. at one time it had to fight...If you want to get a honest essay, order it on our website:
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