Objectives & functions of trade unions include:
Trade unions are formed to protect and promote the interests of their members. Their primary function is to protect the interests of workers against discrimination and unfair labor practices. Trade unions are formed to achieve the...
Trade Union
The trade union movement emerged in India, basically as a reaction to the state interventionist or state pluralism model.
The economic reforms’ package (emphasis on privatization, liberalization and austerity measures) introduced in India in mid-1991 can be viewed as providing...
BALANCE OF VISIBLE TRADE
Balance of visible trade is also known as balance of merchandise trade, and it covers all transactions related to movable goods where the ownership of goods changes from residents to non-residents (exports) and from non-residents to residents (imports).
The valuation...
BALANCE OF INVISIBLE TRADE
Just as a country exports goods and imports goods a country also exports and imports what are called as services (invisibles). The service account records all the service exported and imported by a country in a year. Unlike goods which are tangible or visible...
BALANCE OF TRADE
Balance of trade may be defined as the difference between the value of goods and services sold to foreigners by the residents and firms of the home country and the value of goods and services purchased by them from foreigners. In other words, the difference between the value of...
Multilateral aids are preferred over bilateral aids mainly because of the following reasons:
- Since this type of aid is through international financial institutions the host country does not owe to a particular country but to the pool of resources.
- Bilateral aid essentially flows from one...
Why trade unions are against privatization?
People misunderstood the concept of privatization.
Views of trade union regarding privatization.
Exploitation of workers.
Subcontracting.
Less job security in private companies.
Excess work pressure.
Adaptation of new technologies...
business law
concept of privatization
disagreement
exploitation of workers
failure
failure of trade unions
private companies
privatization
privatization of mncs
reason
subcontracting.
tradetrade unions
unions
All India Central Council of Trade Unions (AICCTU)
AIMS AND OBJECTIVES
To fight for the rights & dignity of all workers.
To strive for the establishment of a socialist order through democratization.
To fight for the over through of the domination by the MNC’s.
To develop a scientific &...
aicctu
all india council
business law
central
central council
council
council of trade unions
future of trade union
impact of globalization
india
tradetrade unions
unions
Trade union movement in India
First phase(1950-mid60s)
Start of trade unionism.
The nationalist: Indian National Trade Union Congress
The communist: All India Trade Union Congress.
Second phase (mid-1960s to 1979)
Massive inter-union rivalries as a result of increase in industrial...
business law
cons of trade union
hind mazdoor sabha
india
industrial law
movement
movement in india
pros of trade union
tradetrade union
trade union effects
trade union in india
union
Functions OF Trade Unions
Militant functions
Fraternal functions
Militant Functions
To achieve higher wages and better working conditions
To raise the status of workers as a part of industry
To protect labours against victimization and injustice
Fraternal Functions
To take up...
business law
employee morale
fraternal functions
functions
functions of trade union
industrial law
militant functions
morale of workers
tradetrade union
trade union functions
trade union objectives
union
DEFINITION
A trade union or labour union is an organization of workers who have banded together to achieve common goals in key areas such as wages, hours, and working conditions, forming a cartel of labour.
One of the most important tool of trade union is collective bargaining.
History...
business law
collective bargaining
industrial action
industrial law
medieval europe
objectives of trade union
political activity
tradetrade union
union
welfare benefits
Trade sale - Acquisition
Sometimes a VC will exit when a third party purchases the entire firm.
One way in which this is accomplished is to structure the transactions as a sale of all the shares of the company, in return for cash, shares of buyer, or other assets.
The buyer will often be a...
Foreign Trade Policy Highlights
Strategy
Special Focus Initiatives
Package for Agriculture
Gems and Jewellery
Handlooms and Handicrafts
Leather and Footwear
Export Promotion Schemes
- Target Plus
- Vishesh Krishi Upaj Yojana
- served from India Scheme
- EPCG
- DFRC
- DEPB
New...
Introduction to WTO
What is the WTO?
The World Trade Organization (WTO) is the only international organization dealing with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
World Trade Organization...
BROKERS CONTINGENCY FUND
The scheme has come into force with effect from July 21, 1997.
Objective
To ensure that the settlement cycles at the Exchange are not affected due to the temporary financial problems faced by the members.
Functioning
It provides temporary advance(s) to the...
Trade to Trade Settlement
The transactions in the scrip are not netted and all purchase and sale transactions in the same scrip in single settlement are to be settled separately
In other words,the exchanges does not recognize squaring off positions in purchases and sales within the same...
Rupee on tuesday appreciated by 12 paose against US to Rs. 46.68 a doller in early trade, supported by fresh capital inflows by foriegn funds. The rupee had closed 3 paise higher at 47.12/13 a dollar yesterday
The fresh capital inflow into equities by foriegn funds resulted in the...
A developing country needs both trade and aid but there has to be some kind of formation. Too much aid to a country will leave that country in the same developing phase.
But if that country competes with the world through trade, upgradation will surely occur due to constant friction with the...