Here is a look at various facets related to the formation and membership of trade unions.
What is the role of a trade union?
One of the fundamental principles behind forming a trade union is the realisation of the 'collective bargaining' principle by the workers against their employers.
The Madras High Court in the Rangaswami versus Registrar of Trade Unions, 1962, case said that the objective of the Trade Unions Act, 1926 is "the organisation of labour to enable collective bargaining".
Collective bargaining is statutorily recognised under the Industrial Disputes Act 1947.
The Supreme Court in Ram Prasad Vishwakarma versus The Chairman, Industrial Tribunal, 1960 also noted how labour was at a "great disadvantage" before the "days of collective bargaining".
Tapan Sen, general secretary, the Centre of Indian Trade Unions (CITU) says that it is to realise the collective strength that workers form a trade union.
Who can form a trade union?
Denne historien er fra November 01, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 01, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
False solutions for climate change
As the ghastly impacts of climate change become more visible in our everyday lives, it is hard to shake off the feeling that one must step up and do something constructive.
Expats to residents, Delhi's air is driving people out
Embassies have stepped up efforts to deal with the situation; WFH option has residents temporarily relocating to their hometowns
Making sense of census
For all marketing professionals working in large companies, the population census of India is a treasure trove of information.
MONEY CAN BUY YOU STARS
What's behind West Asia's multi-billion charm offensive to become a destination for all kinds of sports stars?
Ensure low tracking error, alignment with risk appetite
Exchange-traded funds (ETFs) witnessed a sharp rise in subscriptions in October, with net investments totalling ₹13,441 crore, compared to ₹381 crore in the previous month, according to data from the Association of Mutual Funds in India (Amfi).
Strong order book to stand BEL in good stead
Brokerages mostly positive on the stock
Strong Q2, growth outlook drive gains for Info Edge
The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies.
Regulator nod to Roshni Nadar to acquire majority stake in HCLTech
The Securities and Exchange Board of India (Sebi) on Friday gave nod to Roshni Nadar to acquire majority shareholding from her father Shiv Nadar, founder of HCL Group, in two promoter group companies.
Green energy stocks fail to benefit from selloff in Adani Green
Six of the eight stocks operating in the green energy space declined on Friday, failing to benefit from the rout in Adani Green Energy's decline over the last two sessions.
NTPC Green Energy IPO booked 2.40x on Day 3
The initial public offering (IPO) of NTPC Green Energy Ltd, the renewable energy arm of NTPC, was subscribed 2.40 times on the closing day of the share sale on Friday.