Nirmal Chandra Roy,Debasish Biswas
Human Resource Management in the Indian Tea Industry
Human Resource Management in the Indian Tea Industry
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- More about Human Resource Management in the Indian Tea Industry
The tea plantation industry in India was affected by liberalization, privatization, and globalization policies in 1991, leading to reduced export share, price, and profitability. To remain competitive, tea-producing companies have reduced costs, including labor costs, which have adversely affected 1.2 million workers. This has led to labor unrest and increased irregularities in payment of wages, affecting the quality of tea and profitability of the industry. This book examines human resource management practices in the Indian tea industry and adopts a simplified approach to showcase workforce management.
Format: Hardback
Length: 88 pages
Publication date: 16 March 2021
Publisher: Taylor & Francis Ltd
The Indian tea industry faced significant changes during the 1990s due to the implementation of liberalization, privatization, and globalization policies under the leadership of Prime Minister P.V. Narasimha Rao. These policies led to the removal of tariff barriers and quantity restrictions on imports, resulting in fierce competition for the tea plantation industry. As a result, the share of Indian tea exports declined, prices plummeted, and profitability decreased.
To remain competitive, tea-producing companies were forced to reduce their costs, including labor costs. This led to a decline in the quality of tea and the industry's profitability. The workers, who were already marginalized and vulnerable, suffered the most. Many workers were unable to sustain themselves and their families, leading to labor unrest and increased vulnerability of the industry.
The final impact of these issues extended to the quality of tea and the industry's profitability. This book examines the existing human resource management practices in the Indian tea industry and adopts a simplified yet comprehensive approach to showcase workforce management in the tea industry. It is valuable to postgraduate students, researchers, HR professionals, and policymakers in the fields of human resource management, business history, and industrial relations.
Weight: 258g
Dimension: 142 x 222 x 13 (mm)
ISBN-13: 9780367679071
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