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Globalization Of Labour Essay

763 Words4 Pages

I. Introduction

‘Globalization’ is a buzzword in the communications of today, rampantly, forcefully and glowingly used. It is in an economic context that we hear it most, followed closely by that of cultural cross-pollination in this, the Information Age. However, the phenomenon of globalization also has implications in the field of labour administration.

The fundamental forces of globalization – the ever-increasing stresses of economic competition and spectacular advancements in technology – have led to a dramatic change in the nature of the marketplace and the manner in which it functions. As the global economy shifts ever more towards free-market systems in the face of cutthroat competition, it becomes ever more important to pay attention …show more content…

These labour laws are intended to safeguard a certain minimum level of labour standards in the country. Additionally, an interview with an officer from the NRIC showed that the Ministry of Labour has implemented many reforms to provide the worker with social security and Decent Work according to the ILO conventions of global labour standards. However, the implementation and adequacy of these reforms come into question. The minimum wage in India currently stands at 6330 per month, which is grossly inadequate according to the international standards set by the UNO. In September 2015, a strike was called for by ten major trade unions which set their minimum wage demand at Rs 15000 per month, but the government was unwilling to provide that. Inadequate wages is one of the primary reasons for failure of negotiations in India, the other factors being inadequate social security, interference with existing labour laws and increasing contract labour and labour displacement, recognition of contract labour and other unsalaried workers as eligible for minimum wage, a universal PDS system, removal of ceiling in gratuity payments, and upward revision of pension and gratuity. [1] It is evident from these issues …show more content…

The welfare and dignity of individuals and of society as a whole are in fact as important to the concept of “development” as are increased investment and expenditure on the macro level. It was to address such issues that the International Labour Conference was founded in the first place (to establish global labour standards and norms of decent work), and it is this too which is the focus of the Ministry of Labour.

In this project, we examine the role of the Ministry of Labour in today’s globalized era. We analyze the role of each stakeholder in terms of their interests and actions, detail the real-world impact of these actions, present our field analysis of the labour relations scenario, and conclude with our findings and

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