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Question
Industrial sickness is a major area of concern for our country. Enumerate the various causes of industrial sickness.
Industrial sickness is a major area of concern for our country. Enumerate the various causes of industrial sickness.
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Solution
The various causes of industrial sickness are enumerated below:
(i) Mismanagement
(ii) Fall in demand
(iii) Labour unrest
(iv) Shortage of working capital
(v) Increase in the cost of raw material
(vi) Shortage of raw material
(vii) Uneconomic size of industrial units
(viii) Use of outdated machines and equipments
The various causes of industrial sickness are enumerated below:
(i) Mismanagement
(ii) Fall in demand
(iii) Labour unrest
(iv) Shortage of working capital
(v) Increase in the cost of raw material
(vi) Shortage of raw material
(vii) Uneconomic size of industrial units
(viii) Use of outdated machines and equipments
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