Analysis of Alang Ship Breaking Yard, India

Hrudanand Misra
Journal article Economic Affairs • June 2019 China • Egypt • Greece • India

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(English, 8 pages)

Abstract

Gujarat’s has been blessed with one of the longest coast lines. Besides, it also has a long glorious past, dated to almost 3000 years, manifested by the maritime commercial ties that it had developed with countries such as China, Egypt, Sri-Lanka, Greece, African and Arabian countries. Data is collect through survey in 2014-15. At start the ship breaking sector was on peak and become the No. 1 sector around the globe but unfortunately this sector in performance getting down and down with time. There are three main reasons, first, the high tax rate was imposed, second, there was no proper safety measures as we see deaths and injuries incidents are taken place, no proper medical facilities are available and third there was no proper training and education for the workforce which are engaged in this sector. All the needs of this sector to make it Green are addressed in this study properly. If all the measures which we addressed for the improvement of this sector is handled properly than this sector will contribute much more to GDP in different ways as this sector in terms of employment, and will also produce much more steel which not only fill the demand of steel domestically but also we will export it to different countries

 

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Economic Affairs

Economic Affairs, Quarterly Journal of Economics, is a Peer-Review publication based on multi-dis... see more