Definition:
Industrial
legalizations are the laws enacted by the Government to provide economic and
social justice to the workers in industries. Generally these laws provide
guidelines to the employers/industrialists in dealing with the matters of
wages, wage incentives, facilitates for workers and the working conditions of
labour.
According
to Mr. V.V. Giri industrial legislation is “a provision for equitable
distribution of profits and benefits emerging from industry, between
industrialists and workers and affording protection to the workers against
harmful effects to their health safety and morality.”
Necessity and Importance of Labour Law:
(1)
Improves industrial relation i.e. employee-employer relations and minimizes
industrial disputes.
(2)
Prospects workers form exploitation by the employers or management
(3) Helps
workers in getting fair wages
(4)
Minimizes labour unrest
(5)
Reduces conflicts and strikes etc.
(6)
Ensures job security for workers
(7)
Promotes welcome environment conditions in the industrial system
(8) Fixes
rest pauses and work hours etc.
(9)
Provides compensation to workers, who are victims of accidents.
Principles of Industrial Legislation:
Industrial legislations based upon the following principles:
(1) Social
Justice
(2) Social
Equality/ Welfare
(3)
National Economy
(4)
International Uniformity
(1) Social justice:
The first
step in establishing social justice is to protect those who can’t protect
themselves. Industrial laws provide social justice to the workers by ensuring
suitable distribution of profits and benefits among the employer and employees.
It also provides better working conditions in industry.
(2) Social equality/welfare:
Another
objective of labour law is to ensure social welfare of workers. These laws help
the employees to improve their social status i.e. material and morale of the
workers by providing adequate wages and safety measures, ensuring appropriate
working hours and health facilities.
(3) National economy:
National
economy is another guiding principle of labour legislation. It ensures normal
growth of industry for the development of nation. It increases the efficiency
of workers and satisfies their needs. Thus efficient industry finally
contributes a lot to improve national economy.
(4) International uniformity:
In
attaining international uniformity International Labour Organization (I.L.O.)
has played an important part. It aims at securing minimum standard on uniform
basis in respect of all labour matters. Uniformity of standards can be
maintained only by enforcing various industrial laws.
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