Role of Chambers of Commerce and Industry
Chambers of Commerce are voluntary and non-profit-making organizations of all types of businessmen operating in particular territory, for the protection a promoting of the in tersest of the business community in general and do that territory in particular. A hamper of commerce is a representative body of businessmen. It differs form a trade association, as it does not confine its interests operations to only on particular trade or industry. Rather it represents the business community and particular region, country or the world as whole. The composition and constitution of a chamber of commerce differ form country to country. In France; they have a legal status and are entitled to operate public undertakings like docks, warehouses, etc. In other countries they are voluntary organizations. In India, every major State has its own chamber of commerce. Associated Chamber of Commerce, Indian Chamber of Commerce Bengal Camber Commerce, Indian Merchants Chamber, Delhi, Mariana and Punjab Chamber e commerce are a few examples. Many chambers of commerce are affiliated to the Federation of Indian Chambers of Commerce and Industry (FICCI), New Delhi, formed in 1926 or to the Associated Chambers of commerce (ASSOCHAM) Calcutta, sets up in 1920 to improve the terms and conditions of business bet venation and to encourage better international understanding.
The main functions of chambers of commerce are as follows:
Representing the business community on Government and other committees and conferences and keeping the government aware of the problems of trade and industry in the country;
Acting as the spokesman of the business community and making suggestion as representations for securing legislation that will foster trade industry;
Settling disputes among members by arbitration;
Educating public opinion the work and problems of the business community. Sending delegates and arranging trade fairs and exhibitions to further the interest of the business community.
Standardizing and improving trade practices through code of conduct;
Providing facilities for education and research;
Collecting an disseminating information reading to general business condition and keeping members informed of latest developments in the field of business;
Arranging lectures, seminars, discussions, etc., for the exchange of views between members;
Some chambers conduct examinations and awed diplomas and issue certificates of origin to exporters.
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