Commerce Optional (UPSC-IAS)

Measures to improve the Trade Unions 1) There should be a strong base to develop the Trade Union by safeguarding the interest of the members and by achieving the target of production. 2) To make effective unionism there should be one union in one industry. JOIN SOON @COMMERCEOPTIONAL 3) As most of the unions are influences by political parties. Hence, there interference should be eliminated. 4) There should be training programmes to develop the internal leadership. 5) It will be more effective if office bearers of the Trade Unions are well paid. JOIN SOON @COMMERCEOPTIONAL 6) As most of the Trade Unions in India are financially weak. This problem can be solved by raising the membership and collecting more funds for unions. 7) Most of the unions are engaged in industrial disputes they do not undertake economic, social and cultural activities which are equally important for raising welfare of the working class. As a considerable number of Trade Unions are not recognized. Hence, the proper recognition of unions will make them more effective.

Obstacles in the future growth of trade unions Our trade unions are not so developed as in the western countries due to following reasons:- 1) Outside Leadership: In India Trade unions have been dominated by outside leadership. It is a notable feature of Trade Union in India. Now a- days these leaders are professional political Leaders. Hence, they exploit the sentiments of people for their political purpose. 2) Low membership: Though the number of Trade Unions in India has considerably increased but membership per union has declined. With the help of these data it can be proved. That in 1927-28 the average number of members per union was near about 3500. it was reduced to about 1400 in 1946-47 and further it decreased to 675 in 1985. The union having low membership would not be more effective. 3) Uneven growth of Trade Unions:- The degrees of unionization varies from Industry to industry in coal industry it is 6.1%, cotton textile 56%, tobacco manufacturing 70%, Electricity and gas it is 39% , hence, it can be said that In India Trade Unison activities are concentrated in large scale Industries but in small scale industries it is nominal. 4) Multiplicity of Trade Unions: It is also a major problem of Trade Union in India. It has been generally seen that there are many Trade Union in the same Industry. There are sometime as many as 20 unions in the same plant. As the Trade Union act, 1926 permits that any association of seven workers can be registered as unions. Multiplicity of unions instead solving the problems of workers is fighting among themselves. So, the purpose of Trade Unions Fails. 5) Absence of paid office Bearers: In India, majority of Trade Unions do not have whole time paid office bearers. Many of them work on honorary basis. Since, they are not paid. They devote only limited time and energy to Trade Union activities. JOIN SOON @COMMERCEOPTIONAL 6) Weak financial position: In India, most of the Trade Union’s financial positions is very weak because their average yearly income is inadequate, as subscription rates are very low. The reason for weak financial position is also multiplicity of unions

The Characteristics of trade unions 1. Trade unions have a statement specifying that organization is a trade union. 2. Trade unions have a statement of its principle objectives. 3. Registration with Registrar of Trade Union. 4. Independence from employer, which may be evident from the certificate issued by the Registrar of Trade Union. 5. Affiliation with central trade union organization. JOIN SOON @COMMERCEOPTIONAL

Determining factors of industrial relations Good industrial relations depend on a great variety of factors. Some of the more obvious ones are listed below: 1. History of industrial relations – No enterprise can escape its good and bad history of industrial relations. A good history is marked by harmonious relationship between management and workers. A bad history by contrast is characterized by militant strikes and lockouts. Both types of history have a tendency to perpetuate themselves. Once militancy is established as a mode of operations there is a tendency for militancy to continue. Or once harmonious relationship is established there is a tendency for harmony to continue. 2. Economic satisfaction of workers – Psychologists recognize that human needs have a certain priority. Need number one is the basic survival need. Much of men conducted are dominated by this need. Man works because he wants to survive. This is all the more for underdeveloped countries where workers are still living under subsistence conditions. Hence economic satisfaction of workers is another important prerequisite for good industrial relations. 3. Social and Psychological satisfaction – Identifying the social and psychological urges of workers is a very important step in the direction of building good industrial relations. A man does not live by bread alone. He has several other needs besides his physical needs which should also be given due attention by the employer. An organization is a joint venture involving a climate of human and social relationships wherein each participant feels that he is fulfilling his needs and contributing to the needs of others. This supportive climate requires economic rewards as well as social and psychological rewards such as workers’ participation in management, job enrichment, suggestion schemes, redressal of grievances etc

Determining factors of industrial relations

👆🏻Industrial relation daily answer wrtiting practice Join 🔜@commerceoptional

Daily Answer Writing Practice- DAY -89 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-89/ Daily Answer Writing Practice- DAY -90 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-90/ Daily Answer Writing Practice- DAY -91 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-91/ Daily Answer Writing Practice- DAY -92 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-92/ Daily Answer Writing Practice- DAY -93 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-93/ Daily Answer Writing Practice- DAY -94 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-94/ Daily Answer Writing Practice- DAY -95 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-95/ Daily Answer Writing Practice- DAY -96 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-96/ Daily Answer Writing Practice- DAY -97 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-97/ Daily Answer Writing Practice- DAY -98 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-98/ Daily Answer Writing Practice- DAY -99 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-99/ Daily Answer Writing Practice- DAY -100 Industrial Relation topic of Paper 2 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-100/

Classification of Financial Markets https://www.civilservicegurukul.com/classification-of-financial-markets/ There are different ways of classifying financial markets. There are mainly five ways of classifying financial markets   1. Classification on the basis of the type Read More ... (https://www.civilservicegurukul.com/classification-of-financial-markets/) The post Classification of Financial Markets (https://www.civilservicegurukul.com/classification-of-financial-markets/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).

Financial Markets & Functions of Financial Markets https://www.civilservicegurukul.com/financial-markets-functions-of-financial-markets/ Financial market deals in financial securities (or financial instruments) and financial services. Financial markets are the centres or arrangements that provide facilities for buying and selling Read More ... (https://www.civilservicegurukul.com/financial-markets-functions-of-financial-markets/) The post Financial Markets & Functions of Financial Markets (https://www.civilservicegurukul.com/financial-markets-functions-of-financial-markets/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).

Role and Importance of Financial System in Economic Development https://www.civilservicegurukul.com/role-and-importance-of-financial-system-in-economic-development/ 1. It links the savers and investors. It helps in mobilizing and allocating the savings efficiently and effectively. It plays a crucial role in economic development Read More ... (https://www.civilservicegurukul.com/role-and-importance-of-financial-system-in-economic-development/) The post Role and Importance of Financial System in Economic Development (https://www.civilservicegurukul.com/role-and-importance-of-financial-system-in-economic-development/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).

Meaning of Financial System & Functions of Financial System https://www.civilservicegurukul.com/meaning-of-financial-system-functions-of-financial-system/ Financial system consists of a variety of institutions, markets and instruments related in a systematic manner and provide the principal means by which savings are transformed Read More ... (https://www.civilservicegurukul.com/meaning-of-financial-system-functions-of-financial-system/) The post Meaning of Financial System & Functions of Financial System (https://www.civilservicegurukul.com/meaning-of-financial-system-functions-of-financial-system/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).

Recent Developments in the Indians Money Market https://www.civilservicegurukul.com/recent-developments-in-the-indians-money-market/ The recent developments in the Indian money market may be briefly explained as below: 1. Integration of unorganised sector with the organised sector : RBI has taken Read More ... (https://www.civilservicegurukul.com/recent-developments-in-the-indians-money-market/) The post Recent Developments in the Indians Money Market (https://www.civilservicegurukul.com/recent-developments-in-the-indians-money-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).

Role of Reserve Bank of India in Money market https://www.civilservicegurukul.com/role-of-reserve-bank-of-india-in-money-market/ RBI is the most important constituent of the money market. The money market comes within the direct purview of the Reserve Bank of India regulations. The Read More ... (https://www.civilservicegurukul.com/role-of-reserve-bank-of-india-in-money-market/) The post Role of Reserve Bank of India in Money market (https://www.civilservicegurukul.com/role-of-reserve-bank-of-india-in-money-market/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).

Role of Reserve Bank of India in Credit Control https://www.civilservicegurukul.com/role-of-reserve-bank-of-india-in-credit-control/ Role of Reserve Bank of India in Credit Control The Reserve Bank of India adopts two methods to control credit in modern times for regulating bank advances. Read More ... (https://www.civilservicegurukul.com/role-of-reserve-bank-of-india-in-credit-control/) The post Role of Reserve Bank of India in Credit Control (https://www.civilservicegurukul.com/role-of-reserve-bank-of-india-in-credit-control/) appeared first on Civil Service Gurukul (https://www.civilservicegurukul.com/).