“Industrial Sickness: Emergence and the Need for Early Identification”

Abstract

Industrialization has played a dynamic role in the development of the Indian economy since independence. However, numerous challenges have stalled effective operations of small-scale industries. When the industrial units are unable to pay off their liabilities, these units are considered sick. The objective of the present study is to explore the criteria for identification of sick industries. In the present study, the researcher explores the criteria for the identification of sick units using the exploratory research design through secondary review of literature such as secondary data accumulated by researchers, establishments, and NGOs for expansive comprehension of research inquiries.