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Geetha, K. T.
- Efficiency in Agro-Based Consumer Goods Industries of Tamil Nadu
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Authors
M. Manonmani
1,
K. T. Geetha
1
Affiliations
1 Dept. of Economics, Avinashilingam University for Women, Coimbatore-641 043, IN
1 Dept. of Economics, Avinashilingam University for Women, Coimbatore-641 043, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 44, No 3 (2009), Pagination: 487-508Abstract
Studies indicate a long run decline in efficiency in Indian Industry as reflected by total factor productivity. Any fall in efficiency lowers the marginal productivity of labour and pul ls down employment. Declining productive efficiency could well have kept the growth of employment down in Indian manufacturing. To reverse this process, the production structure should be made flexible and enable easy substi tutabi lity between labour and capital, argues the paper.
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