The industrial sickness in India: Causes, impact and government initiatives

Industrial Sickness is a situation which is characterized by loss of production and employment of industries. The industrial sickness basically occurred in the traditional industries of India.The industrial sickness took place in all industrial groups such as cotton, jute, engineering, chemicals, rubber, paper, electrical equipments and sugar. The industrial sickness syndrome suffered mostly in west Bengal, Maharashtra, Tamil Nadu and Uttar Pradesh. Therefore in accordance my objective of the study is to find out the major causes of industrial sickness and their impact on India's economic growth, gross domestic product and employment. Beside this the study also attempts to critically evaluate the government initiatives taken related to industrial sickness. This study is Qualitative exploratory research basically based on secondary data collected from various sources like research papers, articles, books, internet and various other sources. The study will have an important implication in throwing light on the present scenario of Indian industrial sector as well as the grey areas in which still lot of work is left to be done.