Labour Adjustment as Part of Industrial Restructuring-Human Dimensions of Liberalisation

Labour Adjustment as Part of Industrial Restructuring Human Dimensions of Liberalisation S L Rao Changes in labour legislation or 'exit' policies and compensation to workers through the National Renewal Fund are only of cosmetic value in bringing about industrial restructuring and labour adjustment. At the national level what the country needs are policies towards literacy, education, training and retraining of the workforce and making the workforce and managements accountable for their performance.