Changes in the Indian economy: impact on HR practices and industrial relations
Abstract
The author brings forth here the
changes that were evident in the
macroeconomic conditions of the
country in the preceding decade
and how they affected organiza-
tional actors. It was found that
such changes had a profound
impact on the human resource
management practices of the
firms as well as on the industrial
relations climate of the country.
Work arrangements have evolved
drastically in the past ten years
and have challenged the existing
norms within the firm and also
brought the industrial relations
climate under strain. The article
traces how different human re-
source practices have changed to
adapt to the dynamic exogenous
environment.
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