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

: “Corruption is the manifestation of the failure of core values in the society.”In your opinion, what measures can be adopted to uplift the core values in the society?

What is Comprehensive National Power? Discuss Strategies for Enhancing India’s Comprehesive National Power?

Why development of international airport are the key for development of state and development of infrastructure in India ?