1Rajinder Singh, 2Dr. Prashant Kumar
1,2Department of Economics, Hemvati Nandan Bahuguna Garhwal Central University, Srinagar, (Uttarakhand)S.R.T.Campus, Badshahithaul, Tehrihttps://doi.org/10.47191/jefms/v4-i9-02
The Manufacturing sector is an essential sector for developing economies as well as developed economies. It contributes to every aspect of the economy regarding its contribution to gross domestic product and employment generation. The present study is to examine the growth of the manufacturing sector of Uttarakhand. The secondary data used in the study was collected from the central statistical office and states economics and statistics departments to estimate manufacturing sectors’ contribution. The Kendall Tau and sen’s estimator are used to find the trend in the manufacturing sector’s contribution to nominal and real gross state domestic product of Uttarakhand. The study shows that the growth of Uttarakhand’s manufacturing sector was higher in Phase I (base year 2004-05) estimation, while the growth rate of the manufacturing sector of Uttarakhand was lower in Phase II (base year 2011-12) estimation. During the study period, the growth of the manufacturing sector shows a decreasing trend in Uttarakhand’s real and nominal Gross State Domestic Product (GSDP) in Phase I, while it was stable during Phase II.
Manufacturing sector, GSDP, Secondary data, growth.
1) Ahluwalia, I.J. (1991), “Productivity and Growth in Indian Manufacturing,” Oxford University Press, Delhi.
2) Banga, Rashmi and Goldar, Bishwanath. (2007). “Contribution of Services to Output Growth and Productivity in Indian Manufacturing: Pre-and Post Reforms.” Economic and Political Weekly 42, no.26: 2769 – 2777.
3) Babita Thakur, R. G. (2012). Changing face of India’s Industrial Policies: A Look. International Journal of Scientific and Research Publications , 2 (12), 1-4.
4) Dipak Mazumdar, S. S. (2004) Reforms and Employment Elasticity in Organised Manufacturing. Economic and Political Weekly, 3017-3020.
5) Goldar, B. (2004). Productivity Trends in Indian Manufacturing in the Pre- and Post-Reform Periods. Indian Council for Research on International Economic Relations (ICRIER), (pp. 1-34).
6) Gupta .R, Sanjay (2012), “A Comparative Study between Organised and Unorganised Manufacturing Sector in India”. The Journal of Industrial Statistics (2012), 1 (2), 222-240.
7) Kotwal, A., Ramaswami, B., & Wadhwa, W. (2011). Economic liberalization and Indian economic growth: What’s the evidence?. Journal of Economic Literature, 49(4), 1152-99.
8) Mukherjee, D. (2004). Informal manufacturing sector in India: Pre and post reform growth dynamics.
9) N. SRIVIDYA, D. R. (2014, June). Indian Manufacuring Sector- An Overview. Asia Pacific Journal of Marketing & Management Review (APJMMR), 3(6), 49-73.
10) Papola, T. S. (2011). EMPLOYMENT GROWTH DURING THE POST-REFORM PERIOD. Indian Journal of Labour Economics, 56(1).
11) Prakash, Y., & Gupta, M. (2008). Exploring the relationship between organization structure and perceived innovation in the manufacturing sector of India. Singapore Management Review, 30(1), 55-77.
12) Panda, M. K. (2012). Economic development in Orissa: Growth without inclusion?
13) Sonali Roy Chowdhury, S. K. (2014). Geographic Concentration and Regional Specialization of Manufacturing Industries in West Bengal. The Journal of Industrial Statistics , 3 (1), 40-60.
14) Tiwari, K.A and S. Roy (2011), “Testing the Influence of Different Sectors Contribution to the State Domestic Product Northeastern States of India”. Asian Journal of Empirical Research Vol.1 No.2 pp. 25-30.