3. Industrial Relation is the interaction
between workers & the
management.
Emerging socio-economic means
the new trends in IR in the era of
GLOBALISATION.
4. During earlier times means before the
advent of New Industrial Policy
• The IR were reactive and on adhoc basis.
• They were rigid and inflexible.
5. 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.
7. 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