Friday, 7 September 2012

Industrial problems and their solutions

1. Low yield or production (raw material) - land reforms ,water management, agricultural development

2. Politicisation and nepotism- appointment on merits (plus on the basis of competence level)

3. Energy crisis- alternate sources etc

4. Declining foreign direct investment- improving law n order, curbing corruption

5. Poor management - Good governance 

6. Corruption - Accountability

7. Natural disaster - (decreases yield,destroys infrastructure)-curbing impacts of climate change

8. Technological backwardness- improving education and tech development

9. Circular debt - Improving taxation system ++

10. Political instability -hampers industrial growth, re-appointments, industry and economy are overshadowed by political dilemmas

11.Inconsistent policies - well planned , consistent policies

12. Issues of labour - 

13. Shortage of capital to install or maintain industries - numerous solutions to generate capital

14. Poor infrastructure

No comments:

Post a Comment