Industrial Relations :
         Industrial Relation is a relation between employer and employees, employees and employees and employees and trade unions. and the “process by which people and their organisations interact at the place of work to establish the terms and conditions of employment.”
The significance of industrial relations can be summarized below :
1.     It establishes industrial democracy.
2.     It contributes to economic growth and development.
3.     It improves morale of the work force.
4.     It ensures optimum use of scare resources.
5.     It discourages unfair practices on the part of both management and unions.
6.     It prompts enactment of sound labour legislation.
7.     It facilitates change.
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