LABOUR WELFARE MEASURES AND ITS INFLUENCE ON THE SOCIO ECONOMIC CONDITIONS OF LABOURERS

Labour welfare measures covers all the aspects of industrial life which contribute to the well-being of the workers. It helps to maintain the health of the labourers and thus make a positive contribution to the efficiency of the labour force. As majority of the Public Sector Undertakings in Kerala are loss making units, it is requires necessary to understand whether the labour welfare measures are provided as per the provisions of Factories Act, 1948. The study also attempts to study the influence of labour welfare measures on the socio economic conditions of labourers. The study reveals that PSUs failed to provide all the labour welfare measures to the labourers as per the act. The study revealed that the socio economic conditions of labourers are very poor in the loss making units of PSUs. The study suggested to adopt welfare measures of the labourers in such a way that they will improve the socio economic conditions of the labourers in the factory.