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

What is Integrated Farming System? How is ii it helpful to small and marginal Farmers in India?

Discuss the importance and role of the orange economy in Indian Economy ?

The crisis of ethical values in modern times is traced to a narrow perception of the good life. Discuss. ?