Industrial Dispute Act and Its Impact on Industrial Development in India
In February 2009, the Rajya Sabha introduced the Industrial Disputes (Amendment) Bill, 2009. There are a few provisions in the Industrial Disputes Act, 1947, which are to be amended by the bill. In 1947, the Industrial Disputes Act provided for the resolution of industrial disputes. A definition of relevant terms is provided in the Act, which also defines Industrial Disputes, Industries, and the mechanism of settlement of disputes. The aim of this study is to discuss the industrial dispute act and its impact on industrial development in India. It was made for the purpose of examining and resolving industrial disputes, as well as for other purposes. Central Government-controlled industries or any such controlled industries that the Government may indicate for this purpose are covered under this Act. Industrial disputes are mediated and adjudicated by statutory machinery under the Act.
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