Industrial Structure, Financial Liberalization Industrial Finance in India: An Assessment

The study explores the emerging relationship between the industrial and financial structures; and its implications on industrial finance. The dynamic interaction between the two sectors has been examined by analysing whether financial liberalisation succeeded in removing financial constraints on ind...

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Veröffentlicht in:Indian journal of industrial relations 2021-04, Vol.56 (4), p.625
1. Verfasser: Das, Santosh Kumar
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description The study explores the emerging relationship between the industrial and financial structures; and its implications on industrial finance. The dynamic interaction between the two sectors has been examined by analysing whether financial liberalisation succeeded in removing financial constraints on industrial sector. We found that not only financial liberalization has not succeeded in removing financial constraints for industrial development in India, but also it underlines growing asymmetries between the financial and industrial sectors. The financial structure that emerged in the post reform period is not aligned as per the diverse needs of the industrial sector. It failed to create a market based approach to the long term financial needs of the industry.
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source Business Source Complete; Sociological Abstracts
subjects Constraints
Economic aspects
Economic development
Evaluation
Finance
Financial services industry
India
Industrial development
Industry
Labor relations
Liberalization
Management
title Industrial Structure, Financial Liberalization Industrial Finance in India: An Assessment
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