際際滷

際際滷Share a Scribd company logo
Amity Business School
1
Amity Business School
2
Amity Business School
MICROECONOMICTHEORY AND APPLICATIONS  IV
Credit Units: 03
Module I: Market for factor Inputs
Amity Business School
Objectives of the Lecture
1) To understand the extended concepts of
Factor Market Studied in 3rd
Sem.
2) To understand role of trade unions.
3) To establish an argument in favour or
against trade unions.
4) To know role of trade union in rising wages
of labours in different markets.
5) Quiz  to assess the understanding of the
concept.
3
Amity Business School
Issue to be discussed
 Responsible trade unions would be
beneficial to the workers, business and the
society, irresponsible trade unions could
be harmful to all.
4
Amity Business School
Definition
 Trade union means any combination, whether
temporary or permanent, formed primarily for the
purpose of regulating the relations between
workmen and employers, or between workmen
and workmen, or between employers and
employers, or for imposing restrictive conditions
on the conduct of any trade or business, and
includes any federation of two or more trade
unions.
- Francis Cherunilam
5
Amity Business School
Functions of Trade Unions
Trade unions are intended to protect the
rights and enhance the welfare of the
members in particular and of the working
class in general. According to the National
Commission on Labour (NCL), the
important functions of the trade unions
are:
6
Amity Business School
Continue
1. To secure for workers fair wages.
2.To safeguard security of tenure and
improve conditions of service.
3.To improve opportunities for promotion
and training.
4.To improve working and living conditions.
5.To provide for educational, cultural and
recreational facilities.
7
Amity Business School
Continue
6. To co-operate in and facilitate technological
advance by broadening the understanding of
workers of its underlying issues.
7. To promote identity of interests of the workers
with their industry.
8. To offer responsive co-operation in improving
levels of production and productivity, discipline
and high standard of quality.
9. To promote individual and collective welfare.
8
Amity Business School
Social Responsibilities of Trade Unions
1. Promotion of national integration;
2.Generally influencing the socio-economic
policies of the community through active
participation in their formulation at various
levels; and
3.Instilling in their members a sense of
responsibility towards industry and the
community.
9
Amity Business School
Trade Union Movement in India
 The following factors helped the growth of
trade union movement of India:
1. World War I
2. Influence of Political Leaders
3. The ILO
4. The Russian Revolution
5. The Trade Unions Act
10
Amity Business School
Limitations and Problems of
Trade Unionism in India
The trade union movement in India suffers
from a number of limitations and
problems. Important among them are the
following:
1.Limited Representation
2. Small-size and Increasing Number
3. Multiplicity of Unions
4. Inter-Union and Intra-Union Rivalries
11
Amity Business School
Continue
5.Political Infiltration
6.Outside Leadership
7. Low Funds
8. Low Income
9. Illiteracy
10. Lack of Integrity
11. Unhealthy Attitude of Employers
12
Amity Business School
Trade unions in India are regulated by the Indian
Trade Unions Act, 1926, amended from time to
time.
 Registration of Unions
Any seven or more members of a trade
union may, by subscribing their names to
the rules of the trade union and otherwise
complying with the provisions of this Act
with respect to registration, apply for the
registration of the trade union under this
Act.
13

More Related Content

Trade unions1

  • 2. Amity Business School 2 Amity Business School MICROECONOMICTHEORY AND APPLICATIONS IV Credit Units: 03 Module I: Market for factor Inputs
  • 3. Amity Business School Objectives of the Lecture 1) To understand the extended concepts of Factor Market Studied in 3rd Sem. 2) To understand role of trade unions. 3) To establish an argument in favour or against trade unions. 4) To know role of trade union in rising wages of labours in different markets. 5) Quiz to assess the understanding of the concept. 3
  • 4. Amity Business School Issue to be discussed Responsible trade unions would be beneficial to the workers, business and the society, irresponsible trade unions could be harmful to all. 4
  • 5. Amity Business School Definition Trade union means any combination, whether temporary or permanent, formed primarily for the purpose of regulating the relations between workmen and employers, or between workmen and workmen, or between employers and employers, or for imposing restrictive conditions on the conduct of any trade or business, and includes any federation of two or more trade unions. - Francis Cherunilam 5
  • 6. Amity Business School Functions of Trade Unions Trade unions are intended to protect the rights and enhance the welfare of the members in particular and of the working class in general. According to the National Commission on Labour (NCL), the important functions of the trade unions are: 6
  • 7. Amity Business School Continue 1. To secure for workers fair wages. 2.To safeguard security of tenure and improve conditions of service. 3.To improve opportunities for promotion and training. 4.To improve working and living conditions. 5.To provide for educational, cultural and recreational facilities. 7
  • 8. Amity Business School Continue 6. To co-operate in and facilitate technological advance by broadening the understanding of workers of its underlying issues. 7. To promote identity of interests of the workers with their industry. 8. To offer responsive co-operation in improving levels of production and productivity, discipline and high standard of quality. 9. To promote individual and collective welfare. 8
  • 9. Amity Business School Social Responsibilities of Trade Unions 1. Promotion of national integration; 2.Generally influencing the socio-economic policies of the community through active participation in their formulation at various levels; and 3.Instilling in their members a sense of responsibility towards industry and the community. 9
  • 10. Amity Business School Trade Union Movement in India The following factors helped the growth of trade union movement of India: 1. World War I 2. Influence of Political Leaders 3. The ILO 4. The Russian Revolution 5. The Trade Unions Act 10
  • 11. Amity Business School Limitations and Problems of Trade Unionism in India The trade union movement in India suffers from a number of limitations and problems. Important among them are the following: 1.Limited Representation 2. Small-size and Increasing Number 3. Multiplicity of Unions 4. Inter-Union and Intra-Union Rivalries 11
  • 12. Amity Business School Continue 5.Political Infiltration 6.Outside Leadership 7. Low Funds 8. Low Income 9. Illiteracy 10. Lack of Integrity 11. Unhealthy Attitude of Employers 12
  • 13. Amity Business School Trade unions in India are regulated by the Indian Trade Unions Act, 1926, amended from time to time. Registration of Unions Any seven or more members of a trade union may, by subscribing their names to the rules of the trade union and otherwise complying with the provisions of this Act with respect to registration, apply for the registration of the trade union under this Act. 13