Search Result

Total Matching Records found : 209

Why young, not ageing, firms can spur job creation -Dhirendra Tripathi

* Mint explains why it is so and the way out How do small and young firms fare in terms of job creation? The Economic Survey says the contribution of small firms to output and employment in the Manufacturing Sector is insignificant, though they make up around 85% of all firms. But it makes a crucial distinction: most young firms are small, but most small firms are not young, at least in the Indian context. It says the notion that small firms cre

More »

The farm-factory connect -Ashok Gulati

-The Indian Express Raising farm productivity is the first step to increasing rural demand and reviving the Manufacturing Sector As per the last report of National Statistical Office (NSO) released on May 31, the Gross Value Added (GVA) at basic prices (2011-12 prices) for the fourth quarter (Q4) of 2018-19 has slumped to 5.7 per cent for the overall economy, 3.1 per cent for manufacturing, and -0.1 percent for agriculture, forestry and fishe

More »

To create jobs, an industrial policy focused on labour-intensive industries is key -Santosh Mehrotra

ng first, which then enabled them to move up the manufacturing value chain to more capital-intensive manufacturing, making them the factory of the world. By contrast, in India the labour intensive Manufacturing Sectors like food processing, tobacco, textiles, apparel, leather, wood and furniture have seen a decline since 2012. The tobacco and textiles sub-sectors within manufacturing have seen a fall in their share of total manufacturing employment

More »

Why an industrial policy is crucial -Santosh Mehrotra

-The Hindu No major country has managed to reduce poverty or sustain economic growth without a robust Manufacturing Sector The contribution of manufacturing to GDP in 2017 was only about 16%, a stagnation since the economic reforms began in 1991. The contrast with the major Asian economies is significant. For example, Malaysia roughly tripled its share of manufacturing in GDP to 24%, while Thailand’s share increased from 13% to 33% (1960

More »

GDP growth slows again in third quarter

r of this financial year. The slowdown in 2018-19 is due to a lowering in the growth estimate of the agriculture sector to 2.7% as per the latest data compared with the 3.8% estimated earlier. The Manufacturing Sector, too, is estimated to grow at a marginally lower 8.1% compared with the previously predicted 8.3%. “FY19 GDP growth in second advance estimate of national income is lowered to 7% from 7.2% in first advance estimate,” De

More »

'Make in India' has not eased manufacturing woes -Sneha Alexander * Despite its ambitious targets, NDA’s ‘Make in India’ has failed to improve investment, employment, and exports in India’s Manufacturing Sector * One area where this government has fared relatively better has been in attracting foreign direct investment (FDI) to the country MUMBAI: When the Bharatiya Janata Party (BJP) swept into power in 2014, one of its first acts was to launch the ‘Make in Ind

More »

RB Barman, former Chairperson of National Statistical Commission, interviewed by TK Rajalakshmi (

nce of data, which could relate Annual Survey of Industry Data with Corporate Sector Data, the problem of absence of MCA21 data for the earlier period could have been sorted out to a large extent for Manufacturing Sector estimates for back series. There are possibilities of many other data quality checking for other sectors, as mentioned in my article titled “Indian Official Statistics: Digital Transformation to Honour Citizens”, published

More »

'62% of SEZs are operational and have created 20 lakh jobs' -Radheshyam Jadhav

and Andhra Pradesh. Employment generation through all SEZs across India was 15,91,381 in 2015 -16. Calculated on a cumulative basis, employment through SEZs is 19,96,610 in 2018-2019. Exports in the Manufacturing Sector from SEZs during the last four years is over ?8 lakh crore, the Ministry of Commerce and Industry told the Lok Sabha. In addition to 7 Central Government SEZs and 11 State/Private Sector SEZs set-up prior to the enactment of the SE

More »

More firms battling squeeze in profit margins, finds IIM-A survey

-The Hindu Business Line BIES for Sept 2018 points at more proportion of companies facing ‘much less than normal profits’ Ahmedabad: The Manufacturing Sector seems to be going through a troubled time as more companies have indicated a ‘much less than normal’ profit margin, according to a survey by the Indian Institute of Management, Ahmedabad (IIM-A). The latest Business Inflation Expectations Survey (BIES) for the m

More »

Video Archives


share on Facebook
Read Later