Essay On Industrial Relations

1566 Words7 Pages
State Business Relations and Performance of Manufacturing Sector
In Karnataka
*Dr.Sathyanarayana Assistant Professor in Commerce
Government First Grade College Hosakote, Bangalore Rural
Mail:sathyanarayana80@gmail.com
** Prof.THARAMATHI.D
Assistant Professor in Economics
Government First Grade College Hosakote, Bangalore Rural Abstract
Industrialization is both a policy and a process. It is a policy in the sense that the business groups in a given society, based on its calculations of the market conditions, government regulations and societal conditions decide either in favor of or against such a move. It is a process in the sense that business groups, in its venture towards industrialization tend to
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It is a process in the sense that business groups, in its venture towards industrialization tend to constantly interact with various organizations such as the government, trade unions, economic organizations and also the members of the civil society – in fact, economy itself is embedded in civil society (Moran, 2006). Broadly speaking, we can identify two major actors or players who play important roles in the industrialization processes of the state – the Government and the business community. We call them organizations as they are characterized by recognized principles of sovereignty, exclusiveness and command structures of their own (Leftwich, 2006). Nevertheless, they are controlled in their activities by the institutional framework, consisting of rules, norms and conviction, within which they are expected to operate. It is against this background that it becomes highly essential to understand the nature and status of industrial development in the state of Andhra Pradesh with respect to the state’s policy incentives or disincentives. Further, we intend to concentrate on the role of the government in Karnataka, in initiating the processes of reinventing the industrial sector in general and the manufacturing sector in particular. The policy of re industrialization and re-emphasis on manufacturing assumed importance as the probable response to certain critical conditions – such
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