logging in or signing up industrial sickness rai.jeetendra Download Post to : URL : Related Presentations : Let's Connect Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Copy embed code: Embed: Flash iPad Dynamic Copy Does not support media & animations Automatically changes to Flash or non-Flash embed WordPress Embed Customize Embed URL: Copy Thumbnail: Copy The presentation is successfully added In Your Favorites. Views: 5812 Category: Education License: All Rights Reserved Like it (1) Dislike it (0) Added: December 12, 2010 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: joshil (38 month(s) ago) hello this is joshil plz send me this email ,as soon as possible coz, i ll need this email allot in future!! (email@example.com) Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript INDUSTRIAL SICKNESS : INDUSTRIAL SICKNESS INTRODUCTION : INTRODUCTION INDUSTRIAL SICKNESS IS THE MATTER OF SERIOUS NATIONAL CONCERN BECAUSE OF BESIDE AFFECTING THE OWNERS, EMPLOYEES, CREDITORS AND SUPPLIERS, IT ALSO CAUSES FOR WASTES OF NATIONAL RESOURCES AND SOCIAL UNREST. DEFINITION : DEFINITION “IT IS ONE WHICH SKIP DIVIDENTS.” -AN INVESTOR “A SICK UNIT IS ONE WHICH IS NOT HEALTHY” -LAYMAN Slide 4: “IT IS A UNIT WHICH MAKING LOSSES AND TOTTERING ON THE BRINK OF CLOSURE.” -AN INDUSTRIALIST “A UNIT WHICH INCURRED CASH LOSSES IN THE PREVIOUS YEAR AND IS LIKELY TO REPEAT PERFORMANCE IN CURRENT AND FOLLOWING YEARS.” -A BANKER THE EXTENT OF INDUSTRIAL SICKNESSINDUSTRIAL SICKNESS IS GROWING AT AN ANNUAL RATE OF ABOUT 28% AND 13% RESPECTIVELY IN TERMS OF THE NO. OF UNITS AND OUTSTANDING AMOUNT OF BANK CREDIT. IT IS RECKONED THAT AS OF TODAY , THERE ARE MORE THAN 2 LACK SICK UNITS WITH AN OUT STANDING BANK CREDIT OF OVER Rs.7000 crore. : THE EXTENT OF INDUSTRIAL SICKNESSINDUSTRIAL SICKNESS IS GROWING AT AN ANNUAL RATE OF ABOUT 28% AND 13% RESPECTIVELY IN TERMS OF THE NO. OF UNITS AND OUTSTANDING AMOUNT OF BANK CREDIT. IT IS RECKONED THAT AS OF TODAY , THERE ARE MORE THAN 2 LACK SICK UNITS WITH AN OUT STANDING BANK CREDIT OF OVER Rs.7000 crore. CAUSES OF SICKNESS : CAUSES OF SICKNESS 1- Internal Cause for sickness : a) Lack of Finance b) Bad Production Policies : c) Marketing and Sickness : d) Inappropriate Personnel Management: e) Ineffective Corporate Management: Slide 7: 2- External causes for sickness: Personnel Constraint Marketing Constraints Production Constraints Finance Constraints Cont…. Effect of Sickness : Effect of Sickness Sickness contribute to high cost economy Effects competitiveness of economy Sick Units Burden on banks and budget Consumers have to pay high cost Restrict employment opportunities Worsens the problem of stringency of financial resources. Effects the availability of resources to other viable units. Remedies : Remedies Prevention Measures: Role Of Government role of financial Institution Role of industry association Capacity utilization Autonomy to Managerial And Technical works Cont… : Cont… Curative measures : a) What is B.I.F.R.? “The government of India setup the Board for Industrial and Financial Reconstruction (BIFR) in January 1987 (which became operational on May 15, 1987) for determining the preventive ameliorative remedial and other measures which were required to taken in respect of sick industrial companies. Conti… : Conti… b) Functions of BIFR: Allowing the company time on its own Having a scheme prepared through the operating agency in respect of the company Deciding on the winding up of the company Cont… : Cont… c. What is I.R.B.I.? “Industrial Reconstruction Bank of India (IRBI) which came into being on March 20, 1985 by converting the erstwhile Industrial Reconstruction of India.” Cont… : Cont… d. Functions of I.R.B.I. To provide financial assistance To provide managerial and technical assistance To secure assistance of other financial institutions and government agencies for ensuring the revival and rehabilitation To provide merchant banking services for amalgamation, merger etc. To provide consultancy services to banks in matter relating to sick industrial units. Slide 14: THANK YOU You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.