India Essay - International Management Analysis Essay - 1,252 words

India - International Management Analysis I would like to start by saying that India despite it long history gained independence from Great Britain only in 1947. Ever since the country faces different disputes over territory with Pakistan, China and Bangladesh and enjoys massive overpopulation, environmental degradation, extensive poverty, in spite of impressive economic growth in the country (Harriss, 39). In order to properly understand the labor force in India we need to better understand how the economy is organzed. I should note that India's economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of support services that provide wonderful employment opportunities. still one has to remember that because of the overpopulation over 25% of the Indian workers lack proper nutrition. An interesting thing to know is that the government controls have been reduced on imports and foreign investment, and privatization of domestic output has proceeded slowly. Since about 1991, Indian economy has boasted impressive 5% average growth till present thus reducing poverty in the country by 12% (Terhal, 23).


I should also add that India is a major exporter of software services and software workers; the information technology sector leads the strong growth pattern. I must note here that India has a large pool of skilled, semiskilled and unskilled labor, which creates a strong supply of office staff in most parts of the country. A considerable number of applicants for management and supervisory posts have qualifications from recognized professional institutions and Indian universities, which makes them in high demand by the local businesses (Anant, 107). In India all Employer / employee relations are regulated by the the Industrial Disputes Act. The main objective of this act is to provide for a just and equitable settlement of disputes by negotiation, conciliation, mediation, voluntary arbitration, and compulsory adjudication. Yet on a more practical level most of the employer/employee relations in India are determined by direct collective bargaining (Harriss, 41).


Still one has to remember that reliable data on employer/employee relations is available only for the "organized sector" of India's economy that comprises large corporations in the industrial and commercial world. One is almost never able to find information on the work of small businesses and agricultural farms. Thus it is no wonder that most acts passed by the government for the welfare of workers relates to the workers in these open sectors of the economy. In India there exists a number of social security schemes, too. The acts attempt to regulate the factory policies, wages and other financial schemes, accounting operations as well as employees' state insurance, employees' Provident funds, death relief, and family pension schemes for workers and their families. The only act that somehow applies to the disorganized sector of small businesses and farms is the Minimum Wages Act that regulates the amount of money workers across the land are to receive (Anant, 109).


Speaking about the trade Unionsin India I should note that they are regulated by the Unions Act of 1926 and currently have over 1 million people.One should not forget that unions can be found throughout the organized sector of the Indian economy. They enter into binding contracts and settlements with the employers on behalf of the workers Wages in the organized sector are left to the process of collective bargaining, conciliation, arbitration, and adjudication. The membership in unions is voluntary (Terhal, 25). Speaking about the employee training programs that are a part of the employer/employee relationship I would like to note that the constant industrial establishments of Indian public and private sectors of econom ...................................................................................................................................................................................................................................................................................................................................................................

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Essay Tags: india, wage, private sector, indian, worker

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