EVOLUTION OF “INDUSTRY”
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Abstract
This paper aims to track the transformation of the word industry throughout India’s legislative and judicial history and the problems that have occurred due to various interpretations provided to it. First, we take a look at the history of industries in India and the changes that happened on its outlook when Independence took place. Then we look at what the Industrial Disputes Act is and why it is important. Then we look at the landmark case of Bangalore Water Supply that defined what does an industry mean. We examine how the case affected the laws at that time. We then see how the word industries was interpreted by other judicial decisions that took place subsequently. We then look at the Code of Industrial Relations Bill that came out in 2015. We then analyze how the Bill does not achieve the objectives that it sought to accomplish. We then give a few suggestions of our own as to what can be done about the expanded interpretation given to the word industry. We conclude by looking at the current position of India with regards to ease of doing business and suggesting the enactment of additional legislations.
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