EMERGING TRENDS IN INDUSTRIAL RELATIONS DURING COVID-19 PANDEMIC AND SUSTAINABLE GROWTH

Labour –management co-operation is deemed necessary for both to survive against competitors. New employment relationship which has emerged due to liberalization, technological advancement, innovations, digitalization, robotization and artificial intelligence and the advent of COVID-19 and its impact across all aspects of our industrial society has put enormous pressure on industrial relations system and its capacity to provide a framework for employers and employees to operate with greater speed and agility, as they battle the enormous challenges presented by the pandemic. Standardized global technologies spread through international production chains regardless of local labour availability and comparative advantages. Advanced industrial technologies may be surrounded by outsourced and subcontracted services and other inputs, with different conditions of work and employment relationship, creating new segmentations. Hence, the paper addresses some basic questions which have emerged due to changed employment relations with their appropriate answer for sustainable growth. The present paper is the theoretical foundation of the theme wit h elaborative views of thoughts divided into six segments such as introduction, changing dynamics of industrial relations, organizational priorities in today's business, moving towards a new framework of industrial relations system, changing role of actors of industrial relations ( employer, employees and government ) in the changed situation for maintaining peace and harmony in emerging new employment relations and finally conclusion with references. The paper is descriptive depicting focal points on changed behaviour and the role of actors.