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

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Small is Viable

Small is Viable

Between 1981 and 1991 most of the addition to manufacturing employment came from the non-household non-factory segmert of manufacturing industry. The shift to non-factory employment appears to be due to the labour cost advantages of small-scale production since, while wages in small-scale units are lower relative to the large-scale sector, labour productivity is not proportionately lower

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