What is permanent negotiating machinery, Financial Accounting

Assignment Help:

Q. What is Permanent Negotiating Machinery?

Two Federation of Union All Indian Railway men's federation (AIRF) & National Federation of Indian Railway (NFIR) men have been recognized by Ministry of Railways. All the Railway units of the unions related to these Federations have also been given recognition.

With a view to maintain contact with the labour to resolve disputes and differences between labour and management and to maintain healthy industrial relations the Railway Board have set up Machinery to have a periodical dialogue with both the recognized Federations which is called PNM.

The machinery functions in three tiers as under: -

i. The Railway Level or Zonal Level :-

At this level meeting between the recognized unions and administration are held at Divisional level/ workshop level and zonal level. The cases which are not decided at Divl. / workshop level are referred at zonal level. PNM meetings with each recognized union at Divl. Level is held once in two months, while at Head quarters level it is held once in a quarter.

ii. The Railway Board level :-

Matters connected with the revision of pay & allowances and other policy matters for bettering service conditions. Which are not decided at zonal level are taken up by the Federation for discussion at Board's level in this forum. PNM meeting at Board's level is held once in a quarter.

iii. The Tribunal level :-

Cases in which agreement is not reached between the Federation and the Railway Board and the matters are of sufficient importance are referred to an adhoc Railway Tribunal composed of representatives from the Railway Administration and Labour presided over by a neutral chairman.


Related Discussions:- What is permanent negotiating machinery

What is financial statements, Q. What is Financial Statements? Financia...

Q. What is Financial Statements? Financial Statements - Presentation of financial data involving BALANCE SHEETS, INCOME STATEMENTS and STATEMENTS OF CASH FLOW or any supporting

International financial reporting standards and gaap, Alta Velocidad Espera...

Alta Velocidad Esperanza de L'Argentina, Sociedad Anónima (AVE), a high-speed railway operator domiciled in Rio Norte, Argentina, is a Foreign Private Issuer as defined by the U.S.

concept of financial accounting, Concept of  financial Accounting Ac...

Concept of  financial Accounting Accounting is the art of recording, classifying and summarizing the business transactions and events. Double Entry System is the base for reco

Auditngrol ., what type of control procedures were ignored at daiwa

what type of control procedures were ignored at daiwa

Explain irs, The IRS is conducting a transfer pricing examination of USAco,...

The IRS is conducting a transfer pricing examination of USAco, a wholly-owned U.S. subsidiary of FORco. USAco purchases widgets from FORco for resale in the United States. The IRS

Estimate present value, Calculating Present Value [LO1]  An investment will...

Calculating Present Value [LO1]  An investment will pay you $43,000 in 10 years.  If the appropriate discount rate is 7 percent compounded daily, what is the present value?

Elements of the tort of negligence, Answer both parts of this task. Part (i...

Answer both parts of this task. Part (i) is worth a maximum of 5 marks and Part (ii) is worth a maximum of 10 marks. (i) List the elements of the tort of negligence. (ii) Enr

Ed Mettway, Should Touring Enterprises consider liabilities as a part of it...

Should Touring Enterprises consider liabilities as a part of its permanent financing? Why or why not?n #Minimum 100 words accepted#

Derive the optimal value of loss function, Derive the Optimal Value of Loss...

Derive the Optimal Value of Loss Function A speculative attack and the consequent currency crisis may not be due to excessive money-growth or other misaligned fundamentals, bu

calculate a weighted average contribution margin per unit, Part A   ...

Part A   The contribution margin income statement of Nice Cup Company for 31 December 2011 follows: Nice Cup Company   Contribution Mar

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd