A Conceptual Study on Reasons of Industrial Sickness- With Reference to Joinery Mills of The J&K Public Sector Undertakings

Abstract

The researcher did an empirical study to find out the opinion of the employees of Jammu & Kashmir Industries Ltd, J&K for declaring it as a sick industry .The Researcher determined the reasons after taking the opinion from the employees of Jammu & Kashmir Industries Ltd, J&K. The objectives on which the researcher will conduct the study are: 1) To study the reasons due to which Jammu Kashmir industries Ltd. became sick industry. 2) Understanding the employees views about the most important reason for Jammu & Kashmir Industries Ltd, J&K becoming sick.3). To frame a suitable revival strategy so as to protect the employment of the masses .and 4) Safeguard the state wealth & resources. The researcher tabulated the data and presented the data in the form of table and pie-chart. Thereafter the researcher discussed the reasons in detail. After studying the reason and analyzing them the researcher concluded that every reason given by the employee is responsible for declaring Jammu & Kashmir Industries Ltd. as sick industry.