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Advantages And Disadvantages Of Labour Movement In India

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CHAPTER - 2 LABOUR MOVEMENT IN INDIA 2.1: What is labour movement exactly? The labour movement broadly refers to an organisation (collective) of working people in which they campaign to achieve better working conditions and for better treatment from their government and employers- particularly by the implementation of labour and employment law. 2.2: The emergence of labour movement in India A powerfully organised Labour movement existed in India. “The secretary of the Indian Labour Federation, or “Standing Committee of the All-India Trade Union Congress’” as it is called, Mr. Chiman Lal, who claimed that under this federation are combined 97 unions, with 1,500,000 members.”- as was mentioned in The Communist Review, September 1922, Vol.3, …show more content…

It also reduces the net transfer to the state owned enterprises. In the long run, proves beneficial for the employees and promotes their growth and prosperity. 3.3: Disadvantages of Privatisation Apart from the positive effects of privatisation, it has a different side as well which can make us oppose it instead of supporting it. some of its demerits are- It focuses more on the profit maximisation and social welfare is thus ignored unto much extent. The private sector lacks transparency and the stakeholders’ not getting enough info. about the enterprises can lead to much harm. It can result in a conflict between management of the buyer company and the interest of the stakeholders. It provides unnecessary support to wrong & illegal/ illegitimate ways of accomplishing licenses, corruption. Privatisation requires a lot of expenditure to train the staff which is less-qualified and to make them abreast with the latest b’ness practices. It escalates the inflation of price and the private enterprises cannot and do not enjoy the subsidies that the government provides- This inflation highly and badly affects the common

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