As a result of the New Economic Policy which of the following has been badly affected ?

Following the New Economic Policy (1991) of liberalisation, privatisation, and globalisation (LPG), heightened competition, downsizing, casualisation, and outsourcing significantly weakened the bargaining power of Trade Unions, shifted Collective Bargaining toward decentralised or concession bargaining, and led to a marked decline in Strikes. Thus, all of the given options are correct.