Tag: industrialisation and industrial belts

One major reason why employee benefits have become such a significant part of the compensation structure is the evolution of the legal environment. Political, social, and economic pressures morphed into legal protection through the passage of many landmark laws that dictated the incidence and the terms and conditions of mandated benefits. Business, labor concerns, and technological innovations all added to the impetus to provide job security and protection.

Between 1900 and 1950, most of the major legally imposed workplace employee benefits were enacted. These major legislative efforts culminated into the Social Security Act of 1935. In the realm of wage and hour laws, both the Walsh-Healy Act of 1936 and the Fair Labor Standards Act of 1938 saw the light of day. By 1950, minimum wage laws had been put in place; further, unemployment and workers’ compensation laws were enacted in most state.

The organic chemical industries get their raw materials from byproducts of mineral oil which is processed and refined at oil refineries therefore these industries are located near oil refineries.

Though, India is an important iron and steel producing country in the world yet, we are not able to perform to our full potential largely.

Reasons for low productivity of iron and steel includes which of the following reasons: 

1. High costs and limited availability of coking coal 
2. Lower productivity of labor 
3. Irregular supply of energy 
4. Poor infrastructure.
   

Southern Petrochemical Industries Corporation Ltd, or SPIC, is an Indian company that makes petrochemicals. Its core competency is in fertiliser products. It has operations in power, oil and natural gas, pharmaceuticals, and biotechnology applications in agriculture.

Heavy water plants are generally located near fertilizer plants. Heavy water  is used in the production  of fertilisers , so it is often seen that heavy water plants are  near  to the fertilisers industry. As the plants  are near, the cost of transportation gets reduced and use of heavy water  can be proper without any wastage.

Many important factors involved in the location of individual industries are of relative significance, e.g., availability of raw materials, power resources, water, labour, markets and the transport facilities in which labour is not a physical factor.

Different industries require different inputs. IT industries are more likely to locate where there is skilled labour i.e workers with the right skills, government activity in planning the future distribution of industries, elimination of pollution of air and water i.e favourable government policies and clean and dust free environment is also an important locational factor. In IT industry there is no requirement of raw material or transportation.

Footloose industry is a general term for an industry that can be placed and located at any location without effect from factors such as resources or transport.

These industries often have spatially fixed costs, which means that the costs of the products do not change despite where the product is assembled. Some industries may have a strong resource orientation, that is, if the raw material used in a production process is heavy and bulky in character, it makes sense to be located close to those natural resources. Heavy manufacturing districts around the world are usually located near major coal deposits. Such a resource-oriented location is often combined with good access to important transportation routes.

Sugarcane is a bulky raw material and also perishable, i.e, its sucrose content goes on decreasing with time. Therefore, it is necessary to crush sugarcane within 24 hours of harvesting. 

The NMCC was established in 2004 as a part of the Common Minimum Programme (CMP) of the erstwhile government to provide a continuing forum for policy dialogue to energize and sustain the growth of the manufacturing industry.