Impact of privatisation on organised and unorganised labour
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Privatization may mean removing something from public setor to private sector. Privatization in India lead to adoption of various measures by the government of India in 1990s.
Te impact of privatization lead to initiatives such as abolition of license of raj for deregulation of industries, approval for 100% equity, disinvestment in public sector undertakings.
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Both organised and unorganized labor have seen growth and improvement as a result of privatization, but organised labor has seen employment growth, while unorganized labor has seen a decline in employment.
This may be because a large number of labor from the unorganized sector moved into the organised sector, which was actually a good thing for the labor.
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