• Dr. Pallavi Kumari

In recent times there is growing importance of increasing productivity in any organization which also ultimately helps in speeding up the economic growth of the country as a whole. In this context, the role of industrial relation (IR) plays a significant role. Instead of the fact, that with the advancement and introduction of capital inputs much efforts has been done to improve the quality of productivity, but it cannot be dined that, with mere introduction of more inputs may results in more investment and not necessarily contribute towards increase in productivity and profit of the company as a whole. Hence it is a matter of great concern to increase the output without much introduction of additional input but rather using the existing human resources more efficiently. The soaring costs of HR budgets in recent times do point out the importance of Industrial relation as a crucial factor for promoting productivity and consequently in economic growth and development. This paper will briefly discuss about the intangibility of human talents and its growing worth in terms of advancing business excellence has laid the foundation for more improvement in IR systems and practices. With the growing awareness among the corporate in recent times with respect to using the tools and techniques for bringing improvement towards employee contribution in productivity is also highlighted in this study. An attempt is also done to throw light on the role of the IR managers in implementing strategies and approaches which will have long –term validity and have more enduring results which can ultimately leads to better trends in overall productivity, reducing workplace conflict and raising staff morale. The findings of this paper highlight the value and significance of training, recognizing and appreciating the employees in transforming vision into reality in modern corporate context. The results of the study will assist the IR mangers in effective implementation of IR policies with modern managerial philosophy.

Industrial relation, productivity, employee contribution, workplace conflict, training

"OPPORTUNITIES AND CHALLENGES FOR INDUSTRIAL RELATION PRACTICES FOR BOOSTING INDUSTRIAL PRODUCTIVITY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.319-323, April-2019, Available :http://www.jetir.org/papers/JETIR1904849.pdf

"OPPORTUNITIES AND CHALLENGES FOR INDUSTRIAL RELATION PRACTICES FOR BOOSTING INDUSTRIAL PRODUCTIVITY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp319-323, April-2019, Available at : http://www.jetir.org/papers/JETIR1904849.pdf