Labour plays a crucial role in shaping of our economy. The introduction of new economic policy and liberalisation automatically created unnecessary economic disturbances and many more employed people are thrown our of their jobs and artificially created disequilibrium in the labour market. The demand for labour is very low rather than the supply of labour and so unequal market equilibria found in all parts of the economy. This book made an attempt to give a clear cut picture of labour issues and other related economic forces. Generally there is a strong belief that labour and human resources in the developing countries are the integral part and parcel for faster rate of economic growth.
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