Account for the failure of manufacturing sector in achieving the goal of labour-intensive exports rather than capital-intensive exports. Suggest measures for more labour-intensive rather than capital-intensive exports

-

 The failure of the manufacturing sector in achieving the goal of labor-intensive exports rather than capital-intensive exports can be attributed to several reasons, including:

  1. Lack of investment in human capital development: There is often a lack of investment in education, training and skill development programs for workers, which results in low productivity and competitiveness.

  2. Outdated technology: In many countries, the manufacturing sector still relies on outdated technology, which reduces productivity and competitiveness.

  3. Poor infrastructure: Poor infrastructure, such as inadequate transportation systems, can increase the cost of production and reduce competitiveness in the global market.

  4. Global competition: The globalization of the economy has resulted in increased competition from countries with lower labor costs and higher productivity.

  5. Limited market access: Many countries face trade barriers and limited market access, which makes it difficult for their labor-intensive industries to compete in the global market.

  6. Government policies: Government policies that promote capital-intensive industries, such as tax incentives and subsidies, can contribute to the failure of the manufacturing sector to achieve the goal of labor-intensive exports.


Suggest measures for more labour-intensive rather than capital-intensive exports
  • To double agricultural exports from present ~US$ 30+ Billion to ~US$ 60+ Billion by 2022 and reach US$ 100 Billion in the next few years thereafter, with a stable trade policy regime.
  • To diversify our export basket, destinations and boost high value and value added agricultural exports including focus on perishables.
  • To promote novel, indigenous, organic, ethnic, traditional and non-traditional Agri products exports.
  • To provide an institutional mechanism for pursuing market access, tackling barriers and deal with sanitary and phyto-sanitary issues.
  • To strive to double India’s share in world agri exports by integrating with global value chain at the earliest.
  • Enable farmers to get benefit of export opportunities in overseas market.

Comments

Post a Comment

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?

-
 The emotional well-being of children has been increasingly influenced by several modern factors, including social media, overprotective parenting, and the decline of unsupervised outdoor play. Each of these elements plays a role in shaping children's emotional health, and their combined effects can be complex. Here’s a closer look at how each factor impacts children: 1. Social Media Impact on Emotional Well-being: Increased Anxiety and Depression : Social media can expose children to idealized images and lifestyles, potentially leading to feelings of inadequacy and low self-esteem. For example, seeing peers portray seemingly perfect lives on platforms like Instagram or TikTok can make children feel like they don't measure up. Cyberbullying : Social media can be a medium for cyberbullying, which can lead to increased stress, anxiety, and depression. Victims of online bullying may experience emotional trauma and difficulty trusting others. Reduced Face-to-Face Interaction : Exce...
Read more

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

-
  Political economy plays a crucial role in ensuring that technological advancements lead to shared prosperity rather than exacerbating inequalities. Here’s how: Regulation and Governance : Political decisions shape the regulatory framework that governs how technologies are developed, deployed, and used. Regulations can ensure fair competition, protect consumer rights, and promote inclusivity. For instance, laws can mandate accessibility standards for technology to ensure that all individuals benefit equally. Distribution of Benefits : The political economy determines how the economic benefits of technological progress are distributed. Policies such as progressive taxation or welfare programs can redistribute wealth and ensure that gains from technology benefit a broader segment of society, not just the wealthy or tech-savvy. Labor Market Dynamics : Technology often disrupts traditional industries and jobs. Political decisions influence how governments respond to these changes thro...
Read more

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

-
Introduction :  The Sangam Age in Indian history witnessed the rapid development of literary works in the southern regions. The literature that was created during this time came to be known as Sangam literature Mostly literary sources help us to understand t he society and culture of the Sangam age , which provides information regarding t he classification of the people, caste system , various occupations , practice of slavery , d ress and food hab it, status of women , religious practice s, education a nd other f ine ar t. Sources to understand Cultural Tradition of south India  The literatures are the primary sources for understanding the socio-cultural life of the people of Sangam age. The literatures of the Sangam age consists of the earliest Tamil literary works such as Tolkappiyam, the Ettutogai (Eight Anthologies), the Pattuppattu (Ten Idylls), the Pandinenkilkanakku (Eight Minor works) and the Five Epics Silappathikaram, Manimegalai, Sivaga Sindamani, Valaiyap...
Read more