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A Study Of Trade Unions In Selected Large And Medium Scale Industries In Visakhapatanam District (A.P.)

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Abstract (Original Language): 
It is stated that the associations are the outcome of the union of two or more persons since single individual cannot do the desired work without the strength of others. With the assistance of these groups or associations the economic status of human being is improved and it leads to improvement of economic status of the whole human society. Thus it can be concluded that the unity in diversified areas of work also improves the human society as that leads to develop the economy of human society. Trade unions thus perform a very important role in protecting the interest of the workers. Trade unions are as significant as the management of an industry. There are 32 large and medium industries in Visakhapatanam District with an investment of Rs. 51113 lakhs by providing employment opportunity to 36,161 persons with Rs. 1.41 lakhs per capita investment on employment. The industrial development in the district occupies a significant importance in the country with establishment of Visakha Steel Plant in 1970. The growth of large and medium scale industries in the district observed at faster rate compared to other districts in the state. Normally, the faster growth rate of industrialization, results in faster growth of trade unions. Hence, the said study assumes significance in view of rapid growth of industries in this district.

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