Changing Face of Human Resources in the context of Globalisation
Journal Title: International Journal of Interdisciplinary and Multidisciplinary Studies (IJIMS) - Year 2015, Vol 2, Issue 7
Abstract
Globalisation has brought out multiple changes in the existing human resources in the developing countries like India. The period of globalisation is characterised by opening up of markets, in large measure, to foreign direct investment consequent upon the lowering of investment barriers in practically all countries; by the liberalization of trade, and by the deregulation of financial markets in consequence of which governments increasingly have little control over the flow of capital across borders. All this implies the dominance of the market system.Liberalisation policies stressed the need for initiating market favoured approach by making the existing labour legislations conducive to market growth. The competition generated by globalization and rapid technological changes accompanied by shorter product life have, while destroying countless jobs in the organised sector compelling the workers to enter into unorganised and informal sector. Post globalisation period has also witnessed rapid influx of women into the workforce (feminisation of work). In the name of flexible working conditions, employers are resorting to excess working hours and reduced welfare amenities for the labour. Considering the above, the paper seeks to examine the impact of globalisation on existing human resources in general and women in particular and presents an overview of changing face of workforce in India.
Authors and Affiliations
Gangabhushan M. Molankal
Keywords
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