Home / Knowledge / News / Effect of application of modern Scientific Methodologies on employment
Effect of application of modern Scientific Methodologies on employment
Apr '08
Large organised establishments prefer to go in for capital-intensive technology of production in order to raise productivity level so as to be more competitive in the market and for maximizing their profitability.

This is corroborated by data published by the Annual Survey of Industries that showed the decline in absolute number of persons engaged in organized manufacturing sector from 9.54 million in1996-97 to 7.87 million in 2003-04 when average annual growth rate of Index of Industrial Product (IIP) was 5.5 per cent and such growth of manufacturing sector was even higher than 5.9 per cent.

Further, the employment intensity of registered units also indicates that an investment of Rs 0.72 lakh is required for creating of one employment in micro, small and medium enterprises sector as against Rs 5.56 lakh in the large organized sector.

The Eleventh Five Year Plan maintains that the additional employment opportunities in the future will be generated mainly in the services and manufacturing sectors, in particular, labour intensive manufacturing sectors such as food processing, leather products, footwear, and textiles, and services sectors such as tourism and construction. Economic growth in different sectors is normally accompanied by growth in employment opportunities as well.

This information was given by the Minister of State (Independent Charge) of the Ministry of Labour and Employment, Shri Oscar Fernandes in a written reply in the Rajya Sabha.

Press Information Bureau Government of India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search