Abstract
A STUDY ON SICKNESS IN SMALL SCALE INDUSTRIAL SECTOR AND ITS CAUSES.
Highlights
It is generally found that a healthy unit may become temporarily or permanently sick and may recover its healthy stage
After the liberalization and WTO regime in India, the industrial sector goes to large and giant multinational companies facing certain challenges. It has opened up the world market and access is available to all the companies irrespective of their status or position. These opportunities open for the Small Scale Industry (SSI) sector for developing their future
SSI sector faced some problem when they are competing at global level
Summary
More than Rs. 10 lakh and up to Rs. More than Rs. 2 crore and up to Rs. The reference year for this Census was financial year 1987-88 in respect of units not maintaining accounts and the actual accounting year closing between 1-4-1987 and 31-3-1988 for those units maintaining accounts During this Census, only 5.82 lakh units were found working. “The third census of Small Scale Industries will be conducted by the Ministry of SSI & ARI after a gap of 12 years. This census would cover sickness and its causes”. 6. No of sick/ incipient sick units (with erosion of net-worth by more than 50 % or delay in repayment of institutional loan by more than 12 months or decline in gross output over three consecutive years). The number of working units works out to be 60.77 % and those of closed 39.23 %
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