Jump to navigation. Established in the year by Ministry of Industry, Government of India, NPC has been working towards the promotion and adoption of the culture of productivity in India. This culture is promoted through:.
The theme based Productivity week celebrations are an annual event that help in information dissemination and aid in adoption of new processes for growth and modernization. The productivity themes are identified in line with the national objectives of sustainable growth and commitments with respect to the environment, energy, economic and social sectors. India has made a commitment to meet its NDC GHG emissions targets and sustainable development goals by providing clean energy and clean environment. With mission oriented policies such as UDAY, UJWALA, Swachh Bharat, etc in combination with government initiatives like Make in India, Digital India, Start-up India campaigns which aim to enhance competitiveness and create more jobs, India is poised for growth and it is important to disseminate information on sustainability to all stakeholders.
Make -Use- Return. Later automation was increasingly used to replace human operators. This process has accelerated with the development of the computer and the robot. Historically certain manufacturing industries have gone into a decline due to various economic factors, including the development of replacement technology or the loss of competitive advantage. An example of the former is the decline in carriage manufacturing when the automobile was mass-produced.
A recent trend has been the migration of prosperous, industrialized nations towards a post-industrial society. This is manifested by an increase in the service sector at the expense of manufacturing, and the development of an information-based economy, the so-called informational revolution. In a post-industrial society, manufacturers relocate to more profitable locations through a process of off-shoring.
Measurements of manufacturing industries outputs and economic effect are not historically stable. Traditionally, success has been measured in the number of jobs created. The reduced number of employees in the manufacturing sector has been assumed to result from a decline in the competitiveness of the sector, or the introduction of the lean manufacturing process.
India's New Economy - Industry Efficiency and Growth | J. K. Sengupta | Palgrave Macmillan
Related to this change is the upgrading of the quality of the product being manufactured. While it is possible to produce a low-technology product with low-skill labour, the ability to manufacture high-technology products well is dependent on a highly skilled staff.
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- Industry Efficiency and Growth.
An industrial society is a society driven by the use of technology to enable mass production , supporting a large population with a high capacity for division of labour. Today, industry is an important part of most societies and nations.
A government must have some kind of industrial policy , regulating industrial placement, industrial pollution , financing and industrial labour. In an industrial society, industry employs a major part of the population. This occurs typically in the manufacturing sector. A labour union is an organization of workers who have banded together to achieve common goals in key areas such as wages, hours, and other working conditions.
The trade union, through its leadership, bargains with the employer on behalf of union members rank and file members and negotiates labour contracts with employers. This movement first rose among industrial workers. The Industrial Revolution changed warfare, with mass-produced weaponry and supplies, machine-powered transportation, mobilization , the total war concept and weapons of mass destruction.
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Early instances of industrial warfare were the Crimean War and the American Civil War , but its full potential showed during the world wars. See also military-industrial complex , arms industries , military industry and modern warfare.
From Wikipedia, the free encyclopedia. This article is about industry in relation to economics. For other uses, see Industry disambiguation. In the Arab region income differences and low levels of human capital development seem to hinder the widespread diffusion of ICT. Developing countries are structurally disadvantaged in seeking the best from the global regime of ICT infrastructure, which, inter alia, is related to their lack of key ingredients such as human capital, physical infrastructure, and venture capital to exploit ICT.
But that does not mean the doors are closed. Poor countries such as the Philippines and India that have unwittingly created human capital are better placed to interact with the global economy, adapt imported ideas and know-how, and localize them. The wide variation in ICT diffusion is mainly due to weak economic and institutional environments. Several lessons emerge from these individual studies. First, ICT, in the form of automation, suggests not only increasing competitiveness of small and medium enterprises due to productivity growth it also results in labour displacement, especially of the unskilled.
At the same time, productivity-led opportunities thrown open by economic integration suggest that the vast rural poor and illiterate populations may miss out on the benefits of ICT if appropriate social policies are not aimed at improving the quality of their lives. Second, developing countries must still contend with traditional development concerns such as poverty and inequality as well as structural transformation from agriculture to industry. Yet, they must be alert to the possibility that increasing export competition in labour-intensive manufactures means declining terms of trade when not offset by continuous learning and technological upgrading.
The new economy also imposes a reduction in social protections due to endemic fiscal crisis and business demands for flexibility and deregulation, open unemployment due to privatization of the state sector, and, paradoxically, by productivity-enhancing ICT. The continued emphasis on investment in traditional development spheres such as education, literacy, basic health, and physical infrastructure is considered necessary to make participation in the new economy more effective.
Third, while the evidence of productivity growth based on ICT diffusion is not robust for developing countries, partly due to productivity lags, it would be foolhardy to ignore the benefits of ICT in poor societies.
If anything, ICT is an enabling carrier technology, applicable in both new and old economies. While ICT is not a panacea for poverty, developing countries, if they fail to actively engage in the use and production of ICT goods and services, are likely to be impoverished further and experience deepening problems associated with the global digital divide. Fourth, to avoid global polarization the consumption of both ICT goods and services must be increased.
Related India’s New Economy: Industry Efficiency and Growth
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