Stress Management on Industrial Clusters in India

By : E. Bhaskaran

Page No: 270-287

Abstract
Micro & Small Enterprises - Cluster Development Programme (MSECDP) is one of the flagship schemes of the Ministry of Micro, Small and Medium Enterprises (MoMSME) for the creation of common facility centres and infrastructure development. Various Sustainable Development Goals (SDGs) were served in past few years, including Goal 8, ‘Decent Work and Economic Growth’ and Goal 9, ‘Industry, Innovation and Infrastructure’. MSMEs are provided grants for the setting up of state-of-the-art machines and equipment, thus helping them bring innovation to their work. The objective of this paper is to study the state-wise performance of MSMEs and MSME clusters in India and to compare MSME performance; and various stress management techniques adopted by the clusters. Secondary data was collected from the Udayam Registration, Ministry of MSME, Government of India, and various cluster websites, and analysed using various analytical tools like diagnostic analysis, descriptive analysis, predictive analysis, inferential analysis, prescriptive analysis and decision analytics. Input variables considered were no. of clusters, no. of working enterprises, employment generated, value of plant and machinery in INR crore, market value of fixed assets in INR crore and gross value of fixed assets in INR crore. The data was compared with variables like Common Facility Centre approved (CFCa), CFC in progress (CFCp), CFC Completed (CFCc), Infrastructure Development approved (IDa), Infrastructure Development in progress (IDp), Infrastructure Development Completed (IDc) and output variables like Total CFC and ID (CFC_ID_T) and No. of Clusters (Cn). The findings indicate that in order to achieve SDGs 8 and 9, there is need for more decent work, economic growth, industry, innovation, and infrastructure in the industrial clusters.

Author :
E. Bhaskaran : Joint Director (Engineering)/General Manager, District Industries Centre (DIC), Department of Industries and Commerce, Government of Tamil Nadu, India.
 

DOI: https://doi.org/10.32381/PROD.2023.64.03.5