The concepts of Mediation and Conciliation in law is a god sent boon with salutary features. These concepts have been consciously adopted as an alternative to traditional mainstream litigation by numerous industries, corporates and conglomerates. In the words of “Joseph Grynbaum”, “An ounce of mediation is worth a pound of arbitration and a ton of litigation”. However, an interesting question that elicits a great deal of response here is whether mediation and conciliation are as effective as the adversarial methods in resolving employment and labour related disputes in India. In a country where labour and employment propel the economy, disputes, conflicts and grievances between employer and employee or a dispute between an industry and an employee are inevitable and are an unceasing perpetual affair. While some may argue that labour and employment disputes are prominent only in developing economies, it is an irrefutable fact that post Covid-19 pandemic even the developed nations are suffering from a stupendous number of labour and industrial disputes, which in turn has a baleful effect on their respective economies.