The document discusses the industrial relations machinery in India, which includes preventive and settlement mechanisms. The preventive machinery aims to promote harmonious labor-management relations through measures like workers' participation schemes, collective bargaining, grievance procedures, and tripartite bodies. If disputes still arise, the settlement machinery provides conciliation efforts through conciliation officers or boards, as well as voluntary arbitration, courts of inquiry, and compulsory adjudication through labor courts, industrial tribunals, or national tribunals. The overall goal of this industrial relations system is to resolve disputes amicably and minimize costly industrial action.