UNDERSTANDING THE PERCEPTION OF HUMAN RESOURCE PROFESSIONALS REGARDING THE CHANGES IN EMPLOYMENT PATTERN IN THE POST LIBERALIZATION ERA. WITH SPECIAL REFERENCE TO ENGINEERING INDUSTRY IN PUNE

It is interesting study of pre and post New Economic Policy of 1991, which is popularly referred to as Liberalization, Privatization and Globalisation (LPG) or structural changes. Post LPG Indian economy has grown phenomenally and marching towards becoming one of the largest economies in the world. Indian economy is becoming more of knowledge economy than manufacturing economy. Though economy is growing still there is no growth in employment in organized manufacturing sector. Even quality of employment is deteriorating and wage disparity is increasing between skilled and unskilled. Through the study efforts have been made to focus on the reasons of changes in business environment and employment pattern in post liberalization era. This study also highlighted the various challenges faced by HR professionals specifically in post liberalization era and threats to employees about job security.