All the necessitate the maintenance of harmonious industrial relations so as to maintain higher productivity to fulfill the goals of the five year plans in India., The investment in and the scope of industries in India have been growing plan after plan. Much of the success or failure of Indian five year plans would be dependent on the maintenance of harmonious employee-employer relations frequent industrial conflicts not only effect the management and labour but also tend to impoverish the community as a whole. They lead to wastage, formant class hatred, embitter mutual relations and inflict damages on the progress of the nation. They also clog the progress and development of the nation.