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The purpose of this study is to examine the impact of economic reforms on Indian manufacturing sector. Macro economic policies were changed in 1991 after the Indian economy faced balance of payment crisis. Indian industries were exposed to not only competition in domestic market but also competition with imports. The pressures from WTO encouraged trade liberalization. The wave of globalization swept over India. 1991 was the turning point of economic policies. ...
The purpose of this study is to examine change of institution inn labour market after economic reforms. A dynamic element was introduced in the economy with reforms in an effort to achieve more flexibility in the system. The introduction of flexibility in the labour market led to some displacement of labour and an informalization of the labour force. On the other hand, reallocation of labour from declining to profitable sectors took place significantly within the ...
This book attempts to document the structural changes in the Indian textile industry, focusing on the export of textiles and garments. The Indian textile industry employs several modes of production, i.e. the Khadi, handloom, powerloom and mill sectors. These four sectors have coexisted, even while they have competed with each other, recently, however, the structure of the Indian textile industry has changed dramatically, a fact reflected in the export ...