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Home / 12th Commerce / Visit MIDC in the Nearest Area and Study the Problems Faced by Firms
Located in it

Visit MIDC in the Nearest Area and Study the Problems Faced by Firms Located in it

Purti March 19, 2019 12th Commerce, Economics Leave a comment

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Contents [hide]

1 INTRODUCTION:

2 AIMS AND OBJECTIVES:

3 METHOD AND METHODOLOGY:

4 DETAIL REPORT OF PROJECT:

4.1 Problems faced by industries at the national level

4.2 Problems faced in MIDC area Mumbai

5 ANALYSIS OF DATA:

6 CONCLUSION:

7 DISCUSSION:

8 SUGGESTION:

9 ACKNOWLEDGMENT:

10 BIBLIOGRAPHY / REFERENCE:

INTRODUCTION:
Maharashtra Industrial Development Corporation (MIDC) could be a project of the govt of
geographic region state in Bharat and is that the leading corporation of a geographic region. It
provides businesses with infrastructures like land (open plot or settled spaces), roads, water,
evacuation facilities, and street lights. Mr. P. Anbalagan, IAS, is that the CEO of MIDC (Maharashtra
Industrial Development Corporation).Visit MIDC in the Nearest Area and Study the Problems Faced
by Firms Located in it. Compare these Problems with the Problems of the Industrial Sector at the
National Level

The industry has developed an elite destined pattern. Mass of economic power within the hands of
few, regional disproportion, illness of industries, loss publicly sector industries, failing labor relations,
lack of capital and industrial raw materials, the changing policy of the govt, and defective licens-ing
policy are a number of the issues that are obstructive the industrial development within the country.

AIMS AND OBJECTIVES:

The aim of this project is to visit MIDC in the nearest area and study the problems faced by firms
located in it. Compare these problems with the problems of the industrial sector at the national
level.

There are many objectives to this project. Major few objectives are given below.

Objectives:

To understand the industrial sector of the nation

To know the problems faced by the industrial sector on a national basis

To understand the problems faced by MIDC’s

To ascertain any doubts regarding industrial problems in India

To understand the cause behind the problem

METHOD AND METHODOLOGY:

The method used to gather the required information on the project is an internet survey method.
The Internet has extensive information on this subject. It has a vast collection of data on problems
faced by the industrial sector at the national level. The survey has unveiled information about this
topic which has covered major few points which are listed below and explained in a detailed report
of the project.
Problems faced by industries at the national level

Problems faced in MIDC area in Mumbai

DETAIL REPORT OF PROJECT:

Problems faced by industries at the national level

UNBALANCED INDUSTRIAL STRUCTURE: D ESPITE ALL EFFORTS , THE REPUBLIC OF INDIA HAS NOT
BEEN ABLE TO ATTAIN SELF- SUFFICIENCY IN RESPECT OF COMMERCIAL MATE- RIAL . THE R EPUBLIC
OF INDIA CONTINUES TO BE KEEN ABOUT FOREIGN IMPORTS FOR TRANSPORT EQUIPMENT ,
MACHINERY , IRON AND STEEL , PAPER , CHEMICALS ETC . WITHIN THE TOTAL INDUSTRIAL
PRODUCTION TRADE GOODS CONTRIBUTE THIRTY - EIGHT PERCENT . IN NEWLY INDUSTRIALIZED
COUNTRIES LIKE SINGAPORE , SOUTH K OREA , AND A SIAN COUNTRY THIS SHARE IS FIFTY - TWO,
TWENTY - NINE AND TWENTY - EIGHT SEVERALLY . THIS SHOWS THAT IMPORT SUBSTI - TUTION
CONTINUES TO BE A REMOTE GOAL FOR THE COUNTRY

Regional Concentration: In the Republic of India, most of the industries are placed in a few elite
areas departure out huge expanse of the country empty industrial institutions. Most of the
industries are placed in and around metropolitan cities like an urban center, Kolkata, Delhi etc. This
has not solely created regional imbalance and regional inequality however has inspired fissiparous
tendency as well as unrest, violence and terrorist act.

Industrial illness: In the personal industrial sector, a growing range of commercial units has become
sick. Wide-spread illness has, indeed, become a serious prob-lem of this sector. The causative factors
for this illness are: (i) deficient management, (ii) under-utilization of capability thanks to shortage of
raw materials, coal and power, and transport, (iii) obsolete machinery, equip-ment and production
techniques, (vi) difficulties in marketing the merchandise, (vii) diversion of funds to new units below
same possession, and (viii) conflict between completely different in-terest teams among the house
owners. Sometimes, the govt. takes over sick units that any worsen the prob­lem. there’s conjointly
a desire for constant observation and deterrent penalties to the parties chargeable for illness.

Lack of Infrastructure: An inadequate infrastructural facility is another major downside two-faced by

the Indian industries. En-ergy crisis features a nice concerning commercial development and
production. though the put in the capability of electricity enhanced from sixty six.08 million metric
linear units in 1990-91 to eighty-five .79 million metric linear units in 1996-97 however it’s a lot of
wanting the particular demand. It ends up in power cut and rostering that hampers the commercial
pro-duction. Rail transport is weighed down whereas road transport is troubled with several issues.
Even national highways in several places are in unhealthy form. Telecom-munication facilities are
primarily confined to huge cities.
Improper Location Base: Industrial locations, in many instances, were established while not
relevance efficient points. every state clamors for the institution of major industries within the
public sector inside its boundaries, and also the location choices are usually politically intended.

Shortage of commercial stuff: Indian Agricore, the key supply of indus-trial stuff, continues to be
captivated with the monsoon. Natural calamities like drought, famine, flood etc badly have an effect
on agricultural production still the sup-ply of commercial stuff. Failure of monsoon even affects the
getting power of the individuals and additionally the demand for industrial production. It
some-times creates glut within the market and industrial embonpoint. Cement business is recently
facing such a crisis. Drought-like state of affairs even affects hydel generation, resulting in an energy
crisis, additional pressure on railways to move coal and on thermal power sector for higher output.
This results in a sequence of crises that have an interlocking impact.

Problems faced in MIDC area Mumbai

Industrial illness: While the Maharashtra government has taken a variety of steps for the
convenience of doing business, there are still some problems needing immediate attention. one in
all the problems being water association to industries set outside the Maharashtra Industrial
Development Corporation (MIDC) areas. These industries need to wait over a year to induce water
association. According to a authorities rule, introduced in 2012 by the Congress-NCP government, all
water connections to industries outside MIDC need to be cleared by the state cupboard. whereas
MIDC provides water connections to industries below its jurisdiction, those outside its limits suffer.
Nearly 1/2 state industries are set outside MIDC.

Unbalanced Industrial Structure: A ride through the MIDC industrial space patently makes the
danger clear. immense boilers occupy the area and, just in case of an accident, the injury is enlarged
because of blocked margin areas. The boilers, as a result of they need not been upgraded, are
already susceptible to explosions, because of excess load on infrastructure. By keeping a
venturesome machine outside the plant, the hazards for the encircling neighborhood drastically go
up, says commie. “By keeping boilers outside, you create extra space for production within the
plant,” he says. “It may be a clear violation of the law.” A case has been registered against the house
owners of the mill for inflicting death because of negligence and different completely different
sections of the Indian legal code within the might twenty-six blasts. MIDC officers have told
reporters that checking of varied permissions and inspections comes below the scope of the board
of business Safety and Health (DISH), and it’s investigation the difficulty. DISH, meanwhile, has
assured that it’ll do inspections of various factories.

Lack of Infrastructure: Apart from security problems, MIDC factories have conjointly unnoticed
environmental norms. Untreated chemical effluents are free within the canals, that ought to directly
go far into the ocean. just in case of Dombivli MIDC, contaminated canals meet the Ulhas stream.
The National inexperienced assembly has conjointly forced up geographical area Pollution board
within the case of Ulhas stream pollution. Once the rivers are contaminated, effluents consequently
percolate into the bottom water and contaminate aquifers. As a result, even the water provide, or
the borewells, became grossly contaminated, augmenting the possibilities of water-borne diseases.
Environmentalists say it’s “irreparable damage”.

Improper Location Base: Dombivli ranks second within the state for being the foremost
contaminated town. With MIDC (Maharashtra Industrial Development Corporation) gift within the
space, the town is extremely contaminated. There are several chemical firms within the space that
emit venturesome gases. In fact, many years back, there was conjointly the notorious inexperienced
rain within the space.

ANALYSIS OF DATA:

Maharashtra State is one amongst the industrially developed states of India. The formation of
Maharashtra Industrial Development Corporation (MIDC) has boosted the commercial development
by making basic additionally as the most advanced infrastructure facilities for numerous kinds of
industries in several elements of the State. Though the state of art facilities was provided for the
water system, effluent treatment and waste disposal for the industries, nonetheless the probabilities
of pollution might exist in several industrial areas. spring water contamination has been according to
because of discharge of untreated/partially treated industrial effluents. the commercial effluents
contain a range of chemicals, dyes, acids, and alkalis besides serious metals and alternative harmful
compounds. Textile dyes are harmful, extremely stable and don’t degrade simply and don’t seem to
be removed by typical waste material treatment ways. Untreated effluent of textile/chemical
industries drains or flowing from their holding/storage ponds contaminates spring water regime.
Such activities place hydrological stress on existing spring water by deteriorating its quality. this
study is beneath taken to assess the impact of commercial pollution on water resources particularly
the bottom water. The investigation is haunted throughout September 2010 with the aim to spot
pollution of spring water, its sources and recommend attainable remedial measures.

CONCLUSION:

To conclude my findings,

Foregoing analysis shows that India has created adequate accomplishment in industrial development
throughout the last 5 decades and has emerged because of the tenth largest industrial country of
the planet. However, considering the scale of the country this development is away from
satisfactory.
There are several areas wherever despite requisite facilities industrial development is either scant or
utterly absent. The pace of commercial progress has been terribly slow and therefore the growth has
continually lagged behind the target (except in seventh 5 Year Plan). Despite industrial progress self-
sufficiency could be a distant dream and import substitu-tion a significant drawback. Underneath
utilization of existing capability is another major drawback that is thanks to lack of power, staple,
and demand.

Particularly in developing countries, tiny labor-intensive industries are favored essentially to form
employment opportunities in an economy with bumper unskilled labor even supposing such
industries might not continually be supported on grounds of economic potency.

DISCUSSION:

The discussion has revealed:

“Mumbai is one of the most crowded city. The main issue starts with overcrowding. The major issues
faced in Mumbai are mainly due to the pollution created by the MIDC’s. ”

SUGGESTION:

There are a few opinions and suggestions by family and friends whom I discussed my project findings
with, they are given below:

The government should take some initiative to reduce the problems

ACKNOWLEDGMENT:

My profound gratitude to all the faculty members of the Department, for their timely assistance and
encouragement throughout my research work.

I duly acknowledge the encouragement and support from the research scholars in the department,
and all my colleagues and friends.
It gives me immense pleasure to take the opportunity to all the people who are directly or indirectly
involved in the completion of my project based on Visit MIDC in the nearest area and study the
problems faced by firms located in it. Compare these problems with the problems of the industrial
sector at the national level.

With deep reverence, I offer my deepest gratitude _____, without whom this project could not have
been fulfilled.

Lastly, I thank Almighty, my parents, family members, friends and teachers for their constant
encouragement and support without which this project would not be possible.

Name of School/College

BIBLIOGRAPHY / REFERENCE:

http://www.preservearticles.com/2012013022074/12-important-industrial-problems-faced-in-
india.html

https://en.wikipedia.org/wiki/Maharashtra_Industrial_Development_Corporation

https://www.quora.com/Why-is-Dombivli-so-polluted

https://economictimes.indiatimes.com/news/economy/policy/water-woes-factories-outside-midc-
still-face-discrimination/articleshow/52566985.cms