What do you mean by Industrial relation

Question

What do you mean by Industrial relation?

Answer 1

Industrial relation is not a very new concept nevertheless it has converted unique of the furthermost gentle and complex problem of modern Indian society. Industrial Progress is impossible without labour management cooperation and industrial harmony. The concept of Industrial relation has a wide meaning and suggestion. In the narrow sense, the term “Industrial Relation” refers to the nature of relationship between the employers and employees in an Industrial enterprise. In the broad sense, industrial relation refers to all types of relationship between all the parties concerned with the industry.