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An Overview of Labor Welfare Measures in India in Response to Globalization

Author

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  • Sharmistha Bhattacharjee

    (Jaypee Institute of Information Technology, Noida)

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.

Suggested Citation

  • Sharmistha Bhattacharjee, 2015. "An Overview of Labor Welfare Measures in India in Response to Globalization," Journal of Developing Societies, , vol. 31(1), pages 66-76, March.
    • Handle: RePEc:sae:jodeso:v:31:y:2015:i:1:p:66-76
    DOI: 10.1177/0169796X14562942
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