what is the view of trade union in the era of liberalisation

Liberalisation is to relax regulations on social or economic policies (usually economic).

Privatisation is the process of transferring a public sector industry over to the private sector.

Globalisation is the unification of the global markets by relaxing protectionist trade policies and integrating markets.

lbm

Liberalization denotes bureaucratic simplification, delicensing, privatisation and autonomy. Liberalization involves freeing prices, trade and entry from state controls. Liberalisation means all the things that liberal politicians are opposed to.

After the liberalisation policy adopted by the GOI in 1991.