WebIndustrial sickness is not an overnight occurrence but it is a gradual process taking from 5 to 7 years corroding the health of a unit beyond cure. Therefore, the identification and … WebAug 1, 2024 · Question: d) 1st August 2024 Question 17:- Which of the following are the consequences of industrial sickness- a) O fear of industrial sickness b) Industrialization c) O Globalization O increase in competition Question 18:- State which of the following are the instruments of fiscal policy- a) O Treasury withdrawal b) O Borrowing from a bank c) …
Industrial sickness - Wikipedia
WebAny of its borrowal accounts has become “doubtful”. advance i.e. principal or interest in respect of. any of its borrower accounts has remained overdue. for a period exceeding 2-1/2 years, and. 2. 3. There is erosion the net worth due to accumulated. cash loses to the extent of 50% or more of its. peak net worth during the preceding two. Web(5) Serious consequences: The consequences of industrial sickness on employees, consumers, investors, management and the national economy are serious. In addition, banks and term lending institutions come in difficulties due to industrial sickness. (6) Preventive approach: Industrial sickness can be removed through preventive measures. paid tutoring jobs for highschool students
Industrial Sickness: Definitions, Symptoms, Causes, Consequences
Problem of industrial sickness is not specific to any industry or country. The approach to sickness is to restore a unit to normalcy through restructuring devices within a short period of time or else close it down. Such easy and straight forward options are not available to labour abundant economies … See more In general a sick unit can be defined as a unit that fails to generate surplus on a continuous basis and frequently depend on external funds for its survival. According to the Reserve Bank of India (RBI) a small scale … See more The recent RBI guidelines facilitate the detection of sickness at the incipient stage but only for large and medium units. An industrial unit will be termed as “weak,” if at the end of any accounting year it has: (i) Accumulated losses … See more The sign of sickness may be discernable at quite an early stage. This warning sign is termed as “Signal”. In fact, the timely identification of various signals makes the detection of sickness easier. Therefore, the various signals … See more The policy of over-regulation of the entire industrial sector, coupled with restrictions on closing a financially sick unit or reducing staff strength, led to a growing menace of industrial … See more WebJun 27, 2012 · Industrial-sickness-of-india 1. Industrial sickness 2. Definition definition According to SICA, 1985 A unit was defined as “industrial company (being a company registered for not less than … WebIndustrial sickness is a term applied to various things associated with industry that make people ill and cause them to miss work. The solutions will have to be tailored to the … paid tutoring jobs for college students