🧷 Authentic Classroom Explanation by IAS Monk

📌 In India, which one of the following compiles information on industrial disputes, closures, retrenchments and lay-offs in factories employing workers?

(a) Central Statistics Office
(b) Department for Promotion of Industry and Internal Trade
(c) Labour Bureau
(d) National Technical Manpower Information System

✅ Correct Answer: (c)

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🧠 Classroom Explanation

• Labour Bureau, established in 1920, functions under the Ministry of Labour and Employment and is the nodal agency for labour statistics in India.
• It is responsible for the collection, compilation, analysis, and dissemination of labour-related data at both All-India and State levels.
• The Labour Bureau publishes the annual report titled:
  “Industrial Disputes, Closures, Retrenchments and Lay-Offs in Industries in India.”
• This publication provides data on:
  • Industrial disputes
  • Work stoppages
  • Closures
  • Retrenchments
  • Lay-offs and lockouts
• The data is extensively used by:
  • Policymakers
  • Labour administrators
  • Industry planners
  • Researchers

Hence, Labour Bureau is the correct authority.

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🔍 Curiosity Raiser

Why are industrial dispute statistics considered an early warning signal for economic stress and labour market instability?

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🧘 IAS Monk Whisper

When labour unrest rises,
the economy whispers before it screams.