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Authors
Affiliations
1 Institute of Economic Growth, Delhi, IN
Source
Journal of Indian School of Political Economy, Vol 5, No 4 (1993), Pagination: 652-667
Abstract
Analysing employment growth in modern small scale industries in India for the period 1972 to 1987-88, the paper finds that employment growth in the small scale sector was rapid and much faster than that in the large scale sector. Bulk of the employment increase took place in units very small in size and in industries other than chemicals and engineering. Employment per unit fell markedly. Productivity grew significantly, but real wages declined. In terms of employment growth in small and medium industries, India performed worse than Korea, Indonesia, Malaysia and the Philippines.