Corporate Supply Chains and the Challenge of Labor Standards: The Indian Perspective

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Author(s): Purna Prabhakar Nandamuri (The Institute of Chartered Financial Analysts of India, India), Rekh Raj Jain (The Institute of Chartered Financial Analysts of India, India)and Vijayudu Gnanamkonda (The Institute of Chartered Financial Analysts of India, India)
Copyright: 2018
Pages: 29
Source title: Handbook of Research on Supply Chain Management for Sustainable Development
Source Author(s)/Editor(s): Ulas Akkucuk (Uşak University)
DOI: 10.4018/978-1-5225-5757-9.ch005

Keywords: Business & Management / Business Science Reference / Operations and Service Management / Supply Chain Management

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Abstract

The global manufacturing network facilitates the complex and opaque supply chains, comprising multiple levels of subcontracting which provide an easy scope for modern slavery through unfair labor practices. Global supply chains accommodate around 20% of total workforce. But, it is estimated, at any given moment that approximately three out of every thousand people on the planet are suffering in some form of forced labor, which is more prevalent in the Asia-Pacific region, which accounts for around 56% of the global total. Further, about 90% of the forced labor are exploited in the private economy. However, most of the successful corporates along with the governments understand the need to combat this global menace through strong legislation. The chapter attempts to analyze the major legal provisions of the prevailing labor standards framework in India, along with the pertinent case laws.

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Corporate Supply Chains and the Challenge of Labor Standards: The Indian Perspective

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