Managerial roles waning in formal manufacturing sector, shows ASI data

Quick Summary:

While workers are needed to produce and operate machinery, supervisors are no longer required for them,” he adds.

Correspondingly, the share of people employed as ‘workers’ has increased to 79.03 per cent from 77.15 per cent over the same period.

Besides, the increasing trend of contractualisation and outsourcing by producers as a measure to cut input costs implies that many managerial and supervisory roles no longer exist.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Formal manufacturing sector Managerial Annual Survey of Industries

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 20:30:14 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23433544

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 344 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions