DETECTION AND REMEDIES FOR INDUSTRIAL SICKNESS IN SMALL INDUSTRIAL UNITS OF BANGLADESH: A STUDY ON SICK INDUSTRIAL UNITS OF INDUSTRIAL ESTATES IN SYLHET DIVISION
Keywords:
Sickness, BSCIC, Capital Budgeting, Industrial DevelopmentAbstract
Small industrial units are the seedbed on industrial development in underdeveloped economy for its less capital involvement and more employment generation capability. But this sector cannot contribute expectedly for infection to sickness that ultimately prevents the entrepreneurial bases of economy. Sickness can be occurred in the inception period, in operation and /or in macro environment.There are various techniques to prevent sickness and to make the treatment of occurred sickness. In this study, the researchers selected 13 sick units of BSCIC industrial units and collected the information regarding the causes, stages and measures to prevent sickness. It is found that 07 are born to sick due to improper capital budgeting, 06 are made sick for managerial problems and no units are bound to be sick for environmental problems.
Downloads
References
Ahmad M.U. (1999). Small and Cottage Industry Development Policies in Bangladesh: An Analysis of Effectiveness in the Context of Industrial Policy 1999. Bakprikaon, Vol. 24, March Issue, Dhaka.
Report on Sick Industries, Rehabilitation, and Revival Cell (1992). MOI,GOV, Dhaka.
Alam, S.M. Jahirul, (2003). Industrial Rehabilitation Strategy Paper, Bangladesh.” Prepared for Ministry of Industries, Dhaka.
Desai, Vasant. (2006). Small-scale Industries and Entrepreneurship. Mumbai: Himalaya Publishing House.
Bhattachrjya, D. et.al. (1998). Sick Industries in Bangladesh. A Report of the Study Commissioned by MOI, GOB, BIDS, Dhaka.
Bidani, S.N. and Mitra, P.K. (1983). Industrial Sickness: Identification and Rehabilitation.New Delhi: Vision Book Publication.
Srivastiva, S.S. and Yadav, R.A. (1986). Management and Monitoring of Industrial Sickness. New Delhi: Concept Publishing Company.
Christopher, M. (2005). Logistics and Supply Chain Management. Pearson Education Inc.
Sandesara, J.C. (1988).Industrial Framework for Promoting Small-Scale Industries in India. Asian Development Review, Vol.6, Issue 2, 10-40.
MIS (2012), Ministry of Industries, Government of Bangladesh, Dhaka.
Goyal, Dr. K.A; Gupta, Dr. Nitin; Gupta, Neeta. (2012). An Overview of Sickness in Micro, Small & Medium Enterprises in India. Pacific Business Review International, Vol. 5, Issue 5, 29-35.
Misra, Dr. Shivani (2012). Small Scale Industries: Striving and Thriving in the Era of Globalization. International Journal of Enterprise Computing and Business Systems, Vol. 2, Issue 2, 56-73.
Junejo, Mumtaz Ali; Rohra, Chandan Lal; and Maitlo, Dr. Ghulam Murtaza. (2007). Sickness in Small-Scale Industries of Sindh: Causes & Remedies. A Case Study of Larkana Estate Area. Australian Journal of Basic and Applied Sciences, Vol. 1, Issue 4, 860-865.
Sujatha, Y.; Reddy, P. Sunilkumar and Rao, Dr. K. Prahlada. (2012). Small Scale Industries Common Causes of Sickness and Probable Remedies. International Journal of Current Research, Vol. 4, Issue, 01, 146-148.
Rajeevan N.; Sulphey, Dr. M. M. (2012). A Study on the Position of Small and Medium Enterprises in Kerala Vis A Vis the National Scenario. International Journal of Research in Commerce, Economics & Management, Vol. 2, Issue 3,57-60.
Rashid, Md. Mamunur. (2012). Proposed Research Direction for Sustainable SMEs in Bangladesh. Bangladesh Research Publications Journal, Vol. 6, Issue 3, 317-329.
Das, Bhushan Chandra; Chakraborty, K.S.; Krishnankutty Raveesh. (2012). Industrial Sickness in Micro and Small Manufacturing Enterprises in Backward Regions of India: A Case Study of Tripura. AFBE Journal, Special Issue of Selected Papers from AFBEUNITEN Conference - 2012, Vol. 5, No. 3, 240-251.
Goswami, Deepak; Hazarika, Padmalochan; and Sarma, Kandarpa Kumar. (2012). Stages and Symptoms of Industrial Sickness- A Mathematical Model Applied to a Few Small Scale Industrial Units in NE Indian State of Assam. World Scientific and Engineering Academy and Society : Mathematical Models and Methods in Applied Sciences. Proceedings of the 13th WSEAS International Conference on Mathematics and Computers in Business and Economics (MCBE’ 12),“G. Enescu” University, Iasi, Romania, held at June 13-15,2012, 152-157.
Hoque, A.K.M Solayman; Biswas, S.K. (2013). Problems of Sick Industries: Bangladesh Perspective. Proceedings of the International Conference on Mechanical Engineering 2007 (ICME2007),held at December 29- 31, 2007, Dhaka, Bangladesh, ICME07-AM-22.
Rastogi, Dr. M. K.; Yadava, Prakash. (2013). Analysis of Remedies for Revival of Sick Small Units in Indian Economy. International Journal of Management & Business Studies, Vol. 3, Issue 4, 31-35.
Wikipedia. (2013).http://en.wikipedia.org/wiki/Industrial_sickness. Retrieved November 12, 2013, from http://en.wikipedia.org