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Development of Trade Unions in India: 10 Obstacles | Economics

The following points highlight the ten major obstacles to the development of trade union in India. The obstacles are: 1. Small Size of Unions 2. Uneven Growth of Unionism 3. Financial Weaknesses of the Unions 4. Multiplicity of Unions and Intra Union Rivalry 5. Outside Leadership 6. Politicisation of the Unions 7. The Problem of […]

Under What Circumstances can a Trade Union Raise?

Get the answer of: Under What Circumstances can a Trade Union Raise? In a highly competitive labour market, an individual worker is by definition powerless to set the wage rate or improve the conditions of employment. A worker who demands a higher wage may be turned down in favour of other workers willing to accept […]

3 Main Basic Strategies of Trade Union

The following points highlight the three main basic strategies of trade union to raise wages of its members. The strategies are: 1. Supply Restrictions 2. Bargaining Power 3. Increase in Demand. Union Strategies: A trade union can use three basic strategies to raise wages of its members. These strategies may now be discussed separately. Strategy […]

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