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Economic Reforms and Indian Industrial Sector at Crossroads

Dhanashri Mahajan

ISBN 10: 8188730203 / ISBN 13: 9788188730209
Published by Shree Niwas, Jaipur, 2006
Used Condition: As New Hardcover
From Vedams eBooks (P) Ltd (New Delhi, India)

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Contents Preface. 1. Introduction. 2. Economic reforms in India. 3. Privatization policy. 4. Industrial growth and productivity. 5. Industrial employment and labour laws. 6. Role of FDI in Indian industry. 7. The challenge of WTO. 8. Competition policy. Epilogue. References. Globalization has emerged as the new challenge of the twenty first century. Globalization today is quite like what industrialization was in the 18 century. However there is once again an opportunity for India to industrialize by using the process of globalization for enslaving capital. It is time for the industrial sector to grow. The service sector has already registered impressive growth while the agricultural sector has its own limits to growth. It is time to adapt to the fast changing policy environment and it is time to clearly understand the political economy of these changes both at the national as well as the international level. In the post economic reform era Indian industrial sector is at crossroads. Choice of policies is going to determine the exact path that this important sector which contributes significantly to India's growth is going to take. Competition is becoming more intense year by year with policy announcements like lifting of quantitative restrictions on imports and the commitment to reduction of import tariffs so as to bring them down to the East Asian level. The industrial sector is facing the challenge of death of distance caused by globalization. Introduction of competition has resulted in salient changes in market structure for industrial products. Price wars began in India during the later half of the 1990s. These price wars had a gravitational effect on profit margin especially in consumer non durables and affected the performance of the concerned sector. This book is an attempt at taking stock of the changes that are affecting the performance and structural framework of the Indian industrial sector. Analyzing salient policy changes like privatization is attempted in the book. The book provides a brief account of economic reforms in India. Related important topics like industrial employment and labour laws role of FDI and the challenge of WTO and a brief introduction to competition policy also finds space in the book. 125 pp. Bookseller Inventory # 60318

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Bibliographic Details

Title: Economic Reforms and Indian Industrial ...

Publisher: Shree Niwas, Jaipur

Publication Date: 2006

Binding: Hardbound

Book Condition:As New

Edition: New

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