The Problem of Industrial Sickness in India is of growing concern because it wastes capital apart from decrease in employment.
Various committee appointed, found out many reasons for the Industrial Sickness. The important reasons are divided into-Internal and External reasons.
First one is associated with managerial ineffectiveness, which include poor control on key areas of operations and finance. Improper estimate of demand is another reason. Improper technology, wrong location of Industry, non- flexibility of fixed assets etc.
Defective capital Structure and Shortage of working capital is another reason.
Second reasons regarding external reasons area like High costs of manufacturing compared to Sales revenue, Non-availability of raw material, regular power, fuel etc.
Transportation bottlenecks, General recessionary from in the economy affecting the overall performance of industrial units, Adverse Policies and rules of government. The measures to overcome these reasons of sickness can be suggested as under.
(a) Effective and efficient management skills should be provided.
(b) Technology should be upgraded.
(c) Modernisation and Competitiveness.
(d) Assessment of various factors of Loans etc. can be provided.
(e) Liberal and helpful Policies of Government.
Hi,ICICI Bank formerly Industrial Credit and Investment Corporation of India,is a major banking and financial services organization in India. It is the second largest bank in India and the largest private sector bank in India by market capitalization.Regards,ICICI Bank Customer Service Team.
types of industrial disputes
Industrial Investment Bank of India
1991
Industrial Credit and Investment Corporation of India
D. P. Gupta has written: 'Industrial sickness and the role of reconstruction agencies' -- subject(s): Business failures, Industrial Reconstruction Corporattion of India, Industrial policy, Industries
Industrial sickness is a phrase used to define various things that can cause people to become ill. These illnesses cause them to miss work.
Yes it did. Industrial Revolution started in India.
Some remedies for industrial sickness are making sure that the employees are staying healthy and happy. You should also make sure that the company has good accounting practices, so as to minimize losses.
too old, stress, sickness etc
Haryana and Kanpur are the names of two industrial regions of India.
Hi,ICICI Bank formerly Industrial Credit and Investment Corporation of India,is a major banking and financial services organization in India. It is the second largest bank in India and the largest private sector bank in India by market capitalization.Regards,ICICI Bank Customer Service Team.
1916
1916
types of industrial disputes
The reasons for an unhealthy India is poverty and over population.
The growth of cottage industry, enclosure act and war of 1812 were the reasons for industrial revolution.