An Overview of Labor Welfare Measures in India in Response to Globalization. Issue 1 (March 2015)

• Record Type: Journal Article
• Authors: Bhattacharjee, Sharmistha
• Is Part Of: Journal of developing societies. Volume 31:Issue 1(2015)
• Page Start: 66
• Page End: 76
• Publication Date: 2015-03
• Subjects: labour -- welfare -- capabilities -- legislation -- reforms; Developing countries -- Politics and government -- Periodicals; Developing countries -- Social conditions -- Periodicals; Developing countries -- History -- Periodicals; 909.09724
• DOI: 10.1177/0169796X14562942
• Languages: English
• ISSNs: 0169-796X

Abstract

Globalization refers to complex economic networks of international competition, resource suppliers, and product markets. Most organizations achieve high performance within a complex and competitive global environment. Hence we can see it as a trend in which the economic, political, and cultural activities of people in different countries increasingly influence each other and become interdependent. With the change in the global labor market as a result of globalization, welfare measures are considered as a necessary investment that may save money in the long run and provide employers with a stable labor force. Labor welfare is part of social welfare both conceptually and operationally. It encompasses the state of well-being, happiness, satisfaction, conservation, and development of human resources. This article provides an overview of labor welfare in India.