Industrial Sickness

Industrial sickness is considered as a constraint of economic development. In fact, such sickness is a commercial term which has been defined by Reserve Bank of India (RBI) as “one which incurs cash loss for one year and in the judgment of the bank is likely to continue to incur cash loss for the current year as well as, ratios such as current ratio is less than 1:1 and worsening debt equity ratio”.

Factors responsible industrial sickness was :

Comments

Popular posts from this blog

Discuss the impact of social media, overprotective parenting, and the decline of unsupervised outdoor play on children’s emotional well-being?

How political economy remains decisive in ensuring shared prosperity from technology.Explain?

Discuss the Salient features of cultural tradition of south India as reflected in Sangam leterature?15M