Wednesday 27 February 2013

Current Affairs-Indian Economic Survey-2012-13:Industrial Relations Climate Generally Remained Peaceful and Cordial


Industrial Relations Climate Generally Remained Peaceful and Cordial; Number of Strikes and Mandays Lost Show Declining Trend

The Economic Survey for the year 2012-13 tabled in the Lok Sabha today by the Union Finance Finance Minister Shri P. Chidambaram shows that due to constant endeavour of the industrial relations by machineries of both the Central and the States the industrial relations climate has generally remained peaceful and cordial. While the number of incidences of strikes and lock-outs reported during 2007 were 389, this figure was 189 in 2011 (provisional) and stood at 194 (provisional) up to October 2012. The number of strikes has exhibited a declining trend over the period. Similarly, the figures for man-days lost were 27.17 million in 2007 and 2.03 million (provisional) for 2012. 

As regards spatial/industry-wise dispersions of incidents of strikes and lock-outs there exists wide-spread variations amongst different states/UTs. Wage and allowances, bonus, personnel, indiscipline and violence and financial stringency have been stated to be the major reasons for these strikes and lock-outs. 

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