Open AccessProductivity of Unorganised Manufacturing Enterprises in India
Author(s) -
Akash Dandapat
Publication year - 2021
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
eISSN - 0976-4666
pISSN - 0424-2513
DOI - 10.46852/0424-2513.1.2021.2
Subject(s) - productivity , marginal product , government (linguistics) , production (economics) , capital (architecture) , business , economics , production function , labour economics , agricultural economics , economic growth , geography , microeconomics , linguistics , philosophy , archaeology
Since unorganised manufacturing enterprises (UMEs) provide employment to a huge mass in India therefore its growth and productivity is a matter of concern. Thus, through this paper the growth and productivity of Indian UMEs are shown with the help of NSSO Data (67th and 73rd Rounds). This paper reveals that the number of UMEs increased significantly in India during 2010-11 to 2015-16. The average productivity of labour increased over time. Using the Cobb-Douglas production function it was further found that the marginal productivity of labour is much higher than the marginal productivity of capital. Productivity is found to be positively and significantly influenced by male ownership, own account enterprises, enterprises do not face problem, expanding status of growth, government assistance, registration of enterprises and capital intensity.