Bank Finance And Industrial Performance Of Kerala

Abstract

The importance of industrialization in the development process of an economy is well accepted. Indian economy also planned her development strategy based on industrialization. In the case of Kerala, the development process has been more leaned towards service sector, agricultural and industrial sector failing to mark its impact. The poor performance of industrial sector mainly the manufacturing sector could be considered as a setback to the different policy measures undertaken by the government. The state with a golden period of industrialization before its formation , had to face a dismal status in the case of performance of industries, when compared to other states and All India level. This led to cross verification of the industrial policy measures and plan objectives to find the factors that adversely affected the industrial climate in the state.