Role and Impact of Conciliation Mechanisms in Industrial Relations in India

Abstract

This paper examines the conciliation mechanism's vital role within India's industrial relations framework. It attempts to assess the effectiveness of conciliation in reducing industrial conflicts, especially strikes, lockouts, retrenchments, layoffs, and closures in the industrial sector over the last decade. The secondary data coming from creditable sources, such as reports of the Ministry of Labour and Employment, Labour Bureau, and Indian Labour Journal, explains why conciliation plays a considerable part in the development of industrial harmony and economic stability. An old mechanism of solving industrial disputes in India is conciliation, founded on the basis that mutual gain would accrue through exchanging ideas between employers and employees. Today, the efficacy of conciliation assumes much significance in this changing and complex industrial scenario. This paper provides a background for conciliation in the larger industrial relations framework and emphasizes how it ensures labour peace and organizational stability.