ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles By Amay Narayan

Long-run Performance of the Organised Manufacturing Sector in India

The Indian manufacturing sector has not increased its share in output or employment along expected lines. The aggregate trends in this sector at the 3-digit level of the National Industrial Classification from 1983 to 2017 are investigated here. Using data from the Annual Survey of Industries obtained from theEPWRFITS, it identifies three sub-periods within the overall period: 1988–96, 1996–2006, and 2006–17. A shift-share decomposition is used to show that most of the decline in the labour to capital ratio can be explained by within-industry changes. Finally, industries are analysed with respect to their capacity to deliver job and wage growth.