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Synopsis How does globalisation radically alter the nature of work place, distribution of work at various levels in terms of identification of core versus peripheral activities leading to contractualisation and casualisation and adding to the size of the unorganised/informal sector? How do the trade unions perceive and respond to the problem of displacement caused on account of retrenchment of workers due to rationalisation and the problem associated with their rehabilitation through training, retraining, career counselling and redeployment? What type of technology do we borrow and how to promote and encourage growth of indigenous technology which will be affordable, easily adaptable and replicable? How do we bring about a radical and qualitative change in the attitude, approach and perception of social partners? How do we rationalise and remove so many laws from the statute book and introduce a set of new laws which are more relevant to the changed conditions, and which help in harmonising economic growth with social justice? How do we introduce the right ethos and culture of commitment to work as a matter of pride and patriotism? Economy and Labour addresses these and other relevant issues relating to labour market in the wake of economic reforms.