09 July 2020
The most important functions of the trade union are i. Increasing Co-operation and Well-being among Workers ii. Securing Facilities for Workers iii. Establishing Contacts between the Workers and the Employers iv. Trade Unions working for the Progress of the Employees v. Safeguarding the Interests of the Workers and last but not least vi. Provision of Labor Welfare. However, buying shares of an organisation (PSU) is a new concept ,which is yet to see light of the day and to be recognised by Trade Unions vis-a-vis employers.