Labour, at all times, has been recognized as a separate factor of production. Any work, whether manual or mental, which is undertaken for a monetary consideration is called as labour. There have been differences of opinion with regard to the importance of labour, but the fact remains that no production possible without an efficient labour force. Labour investigations committee defines welfare as anything done for intellectual, physical, moral and economic and betterment of the workers, whether by employees, by government or by other agencies or over and above what is normally expected on the part of the contractual benefits or which workers have bargained."
Key-words: Labour, investigations committee, contractual benefits etc
