Industrial Relations

Industrial Relation and labour law

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Indian Economy - Understanding the basics of Indian economic system

Who among the following advocated the Trusteeship Theory of Industrial Relations?

M. K. Gandhi

N. M. Lokhande

V. V. Giri

Karl Marx

- Option 1: M. K. Gandhi

- Mahatma Gandhi advocated for the Trusteeship Theory, which suggests that industrialists should act as trustees of the rights of their workers.

- He believed in peaceful collaboration between workers and employers for mutual benefit.

- His approach emphasized moral leadership and ethical business practices.

- Correct Answer

- Option 2: N. M. Lokhande

- Regarded as a pioneer in the labor movement in India.

- Known for organizing the first labor union and advocating workers' rights.

- Option 3: V. V. Giri

- Former President of India and a labor leader.

- Known for his contributions to Indian labor policy, including the idea of the welfare state.

- Option 4: Karl Marx

- Known for his theories on capitalism and communism.

- Advocated class struggle and revolution to address workers' rights.