Efforts to Improve Industrial Relations Bore Fruit: Economic Survey 2013

Bangalore: Incidences of strikes and lock-outs have declined considerably in the recent years, according to the Economic Survey for 2012-13.

"...Due to constant endeavour of the industrial relations machineries of both the Centre and states, the industrial relations climate has generally remained peaceful and cordial," it said.

While the number of incidences of strikes and lock-outs reported during 2007 were 389, this figure came down to 189 in 2011 (provisional) and stood at 194 (provisional) up to October 2012.

Wage and allowances, bonus, personnel, indiscipline and violence and financial stringency have been stated to be the major reasons for strikes and lock-outs.

Similarly, the man-days lost also declined from 2,71,66,752 in 2007 to 20,29,439 (provisional) in 2012.

However, as far as the industry-wise distribution of incidences of strikes and lock-outs are concerned, widespread variations exist among different states as well as Union Territories, it said.

Read:
Disinvestment Proceeds To Fund Psus, Banks, Insurers: Finance Ministry
Rail Budget 2013: Rail Freight Hike On Diesel May Lead To Rise In Retail Prices