E-Paper
Lockout, labour unrest less in 2009
The domestic industry witnessed one of its best years in 2009 in terms of labour relations.
The domestic industry witnessed one of its best years in 2009 in terms of labour relations.
According to the Economic Survey, total number of strikes and lockouts and man-days lost as a result of that have come down drastically last year.
Though figures are available only for January-November period, 2009 witnessed only 91 strikes and 31 lockouts with a cumulative man-day loss of 2.9 million. The numbers for the full year 2008 were 250 strikes, 182 lockouts and 17.5 million man-days loss.
Generally, labour relations have been improving over the years from the highs of 2004 and 2005 when 23.9 million and 29.7 million man-days were lost, respectively.
Last year, Gujarat, Andhra Pradesh, Kerala and Rajasthan witnessed maximum unrest, while financial intermediaries including insurance and pension funds was the most affected sector.
