When a dispute has arisen i.e., it could not be prevented on voluntary basis, the Industrial Disputes Act 1947 provides several provisions for settling the disputes. Dispute settlement machinery has been evolved under the Act. Provision made for the settlement of industrial disputes under this Act is called "Machinery of Settlement of Industrial Disputes". According to the Industrial Disputes Act, [...]
Productivity refers to the physical relationship between the quantity produced (output) and the quantity of resources used in the course of production (input). "It is the ratio between the output of goods and services and the input of resources consumed in the process of production." Productivity is the ratio between output of wealth and input of resources used in production [...]
Industrial discipline refers to orderly working of the employees of an industrial undertaking in accordance with established rules, regulations and conventions. Industrial discipline can be defined as “the orderly conduct of affairs by the members of an industrial organisation who adhere to its necessary regulations because they desire to co-operate harmoniously in forwarding the end which the group has in [...]