Home | | Commerce 11th std | Role of Champers of Commerce and Industry Associations

Chapter: 11th Commerce : Retailing

Role of Champers of Commerce and Industry Associations

The Chamber of Commerce and Industry is an association of business and industrial houses like merchants, financiers, manufacturers, etc. in a locality, region, or state.

Role of Champers of Commerce and Industry Associations

 

The Chamber of Commerce and Industry is an association of business and industrial houses like merchants, financiers,  manufacturers, etc. in a locality, region, or state. The main objective of these associations is to promote and protect the interest and goals of Indian commerce and industry. These associations are non-profit making organisation and its members are institutional members.

 

Functions

1.        They act as national guardians of trade, commerce and industry.

2.        They act as a catalyst in strengthening the internal trade of the country.

3.        Interact with Government with regard to formulation and implementation of related policies.

 

Associations or Chambers in India

a.        Federation of Indian Chambers of Commerce and Industry (FICCI), New Delhi.

b.        Associated Chamber of Commerce and Industry (ASSOCHAM)

c.         Confederation of Indian Industry (CII)

d.        Madras Chamber of Commerce, Chennai.

e.         Tamil Nadu Traders Associations.

 

Role of Associations or Chambers

 

i. Transportation or inter-state movement of goods

The    Chambers    facilitate    registration of vehicles, surface transport policies, construction of highways and roads in promoting interstate movement of goods.

ii. Harmonisation CGST and SGST structure

iii. Marketing of agro products and related issues

The associations of agriculturists  and  other federations interact with farming cooperatives to streamline local subsidies and formulate marketing policies for selling agro products.

iv. Weights and measures and prevention of duplication of brands

They help the Government in formulation and implementation of uniform policies in weights and measures and prevention of duplication of brands.

v. Promoting sound infrastructure

They interact with Government to construct roads, ports, electricity, railways, etc

vi. Labour legislation

They interact with the Government on regular basis and the issues related to labour laws,   retrenchments,   compensation,    etc. so that the  industry can run efficiently, generate employment and achieve maximum productivity.

 

Study Material, Lecturing Notes, Assignment, Reference, Wiki description explanation, brief detail
11th Commerce : Retailing : Role of Champers of Commerce and Industry Associations |


Privacy Policy, Terms and Conditions, DMCA Policy and Compliant

Copyright © 2018-2023 BrainKart.com; All Rights Reserved. Developed by Therithal info, Chennai.