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Question
What are the economic causes of industrial disputes?
Answer in Brief
Solution
- Industrial disputes arise due to several causes, such as wages, allowances, bonuses, working hours, leave rules, victimisation by employers, indiscipline, etc. Such disputes are harmful to all and should, therefore, be minimised.
- According to historical data, economic factors are what cause the majority of industrial disputes.
- Furthermore, salaries have been the primary economic motivation for industrial disputes. There are two explanations for this.
- Wage demands have not been fully addressed due to rising inflation and expensive living costs. Trade unions continue to push for salary increases.
- Wage disparities among industries, regions, and locations can be a source of conflict between workers and management.
- TELCO's Lucknow facility protested salary differentials, resulting in violence and a lockout.
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Meaning of Industrial Disputes
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