Industrial sickness specially in small-scale Industry has been always a demerit for the Indian economy, because more and more industries like – cotton, Jute, Sugar, Textiles small steel and engineering industries are being affected by this sickness problem. As per an estimate 300 units in the medium and large scale sector were either closed or were on the stage of closing in the year 1976. About 10% of 4 lakhs unit were also reported to be ailing. … Industrial sickness has become a major problem of the India’s corporate private sector. Of late, it has assumed serious proportions. A close look reveals that there are, at least, five major causes of industrial sickness, viz., promotional, managerial, technical, financial and political. An industrial unit may … Meer weergeven One of the adverse trends observable in the corporate private sector of India is the growing incidence of sickness. It is causing considerable concern to planners and … Meer weergeven The Government has also provided certain concessions to assist revival of sick units without direct intervention. For example, the Government has amended the Income-tax … Meer weergeven In Dec. 1980 the total number of sick units was 24,550, involving outstanding bank credit of Rs. 1,809 crores. As at the end of March 2000, … Meer weergeven A number of measures have been taken to tackle the problem of industrial sickness. The importance of detection of sickness at the incipient stage has been emphasised by the RBI. … Meer weergeven

National Investment and Manufacturing Zones (NIMZ) - Samajho

Web“Industrial sickness is defined in India as an industrial company (being a company registered for not less than five years) which has, at the end of any financial year, … WebData at Union Territory Level - Andaman & Nicobar Islands Chandigarh Dadra and Nagar Haveli and Daman and Diu Delhi Jammu & Kashmir Ladakh Lakshadweep Puducherry. This section has covered the statistical information on Board for Industrial and Financial Reconstruction (BIFR), Closed/Sick Industries and Sick/Closed Textile Mills. plastic foot pads for outdoor furniture

Industrial Sickness - Definition, Special Provisions Act, 1985

WebIndustrial sickness can be defined as a steady imbalance in the debt-equity ratio that results in the distortion of the financial position of a unit. The government defined … WebIn India, the term ‘sick units’ refers to economically unviable firms which are kept alive ‘in the public interest’ by means of subsidies of various kinds. Since this practice is common, and large parts of the industrial sector are affected, this phenomenon is referred to as industrial sickness. As of March 2001, the Reserve Bank of India counted over a … WebThe industrial sickness has been growing in India year after year and hampering the growth of industrial development. This would be seen in most of the important industries like, cotton textiles, engineering, chemicals, agro based industries, cement and … plastic foot soaking bucket