ISBN 9788177080469,Informal Manufacturing: Conditions & Prospects

Informal Manufacturing: Conditions & Prospects


Vasudha Joshi


New Century Press

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ISBN 9788177080469

New Century Press

Publication Year 2003

ISBN 9788177080469

ISBN-10 8177080466


Number of Pages 320 Pages
Language (English)

Business & Economics

This book examines the essential but non-dynamic and unrecognized part that informal sector plays in the Indian economy. As our planners' initial faith in state-led growth under a large public sector is now buried, the subject of informal sector has become particularly relevant. Coexistence of several modes of production such as own account work, family business and factory production is the focus of this book which provides an important insight into the working of the Indian economy. To understand the mutual relations among these different modes, a bottom-top, subaltern approach is attempted in this book. Informal sector has been neglected by the government as well as by the trade unions. The issue of informal sector always raises uncomfortable questions like the supremacy of capital over labour. It is the responsibility of the state to ensure that the accumulation process takes place within a framework which guarantees some basic minimum rights of labour.