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An assessment of the performance evaluation of the salt industry in india with special reference to the state of Gujrat

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Original Article

Author Details : Ashok Panigrahi*, Sukanta Sarkar, Suman Kalyan Chaudhury

Volume : 11, Issue : 4, Year : 2024

Article Page : 229-234

https://doi.org/10.18231/j.jmra.2024.039

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Abstract

The purpose of this article is to examine the financing and production of the Indian salt industry. Studies have shown that salt is one of the oldest ingredients in food and has played an important role in the history of human civilization. It is an important component of food additives and is more important than food additives. Coastal areas of India, especially the states of Gujarat, Tamil Nadu, Maharashtra, Goa, Karnataka, Andhra Pradesh, Odisha and West Bengal, use seawater for salt production. The ocean is an inexhaustible source of salt. The three states, Gujarat, Tamil Nadu and Rajasthan account for 70%, 15% and 12% of the total salt production in the country. These states also meet the needs of the nation. India is self-sufficient in salt production. More than 95% of salt is produced by the private sector, making it a significant part of India's salt industry. The public sector accounts for only two to three per cent of the total. The mid-western state of Gujarat accounts for about three-quarters of India's annual salt production. The revenue from salt exports is more than the import price. This shows the financial advantage arising from the cost of importing and exporting Indian salt. The Indian salt industry faces many challenges including climate change and health and welfare issues for salt workers: unpredictable weather conditions such as floods and unseasonal rains, short salt seasons and reduced production needs. Therefore, policies need to be implemented properly to mitigate these problems.

Keywords: Salt Industry, Production, Import & Export, India

How to cite : Panigrahi A, Sarkar S, Chaudhury S K, An assessment of the performance evaluation of the salt industry in india with special reference to the state of Gujrat. J Manag Res Anal 2024;11(4):229-234

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