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Industrial Growth and Structure-As Seen through Annual Survey of Industries
Industrial Growth and Structure As Seen through Annual Survey of Industries S L Shetty Based on the summary results of Annual Survey of Industries for 1978-79, this paper reviews the growth of and the structural changes in the factory sector in India during the 1970s. It is brought out that growth in the number of factories decelerated during the 1970s and that a preponderant part of the increase in recent years has taken place in small-size units and in the category of individual proprietorships and partnerships. While the share of the organised sector in fixed capital was broadly sustained, its relative share in employment as well as in emoluments fell conspicuously. In the disposition of value added in the factory sector, the share of wages fell while that of profits and interest payments rose sharply.
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