History, asked by vlhs0512, 2 months ago

explain importance of factories ( w.r.t class 10 age of industrialisation)

Answers

Answered by namrata87k
1

Answer:

Objectives and Applicability of Factory Act:. The Factories Act regulates the conditions of work (health, safety, etc)...

Scope of the Factory Act 1948.

Main provisions of Factory Act 1948.

Safety Provisions of the Act:.

Fencing of machinery.

Work on near machinery in motion. Such worker shall not handle a belt at a moving pulley unless the belt is not more...

Employment of young person’s on dangerous machines.

Hoists and lifts.

Pressure plant.

Excessive weights.

Protection of eyes.

Safety officers.

Answered by jaybhadra
1

Answer:

heres your answer

Explanation:

Manufacturing sector is considered the backbone of development in general and economic development in particular mainly because:

Manufacturing industries not only help in modernising agriculture, they also reduce the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors.

Industrial development is a precondition for eradication of unemployment and poverty from our country. This was the main philosophy behind public sector industries and joint sector ventures in India. It was also aimed at bringing down regional disparities by establishing industries in tribal and backward areas.

Export of manufactured goods expands trade and commerce, and brings in much needed foreign exchange.

Countries that transform their raw materials into a wide variety of furnished goods of higher value are prosperous.

CONTRIBUTION OF INDUSTRIES TO NATIONAL ECONOMY

Over the last two decades, the share of manufacturing sector has stagnated at 17 per cent of GDP out of a total of 27 per cent for the industry which includes 10 per cent for mining, quarrying, electricity and gas. This is much lower in comparison to some East Asian economies, where it is 25 to 35 per cent. The desired growth rate over the next decade is 12 per cent. Since 2003, manufacturing is once again growing at the rate of 9 to 10 per cent per annum. The National Manufacturing Competitiveness Council (NMCC) has been set up with this objective.

Similar questions