At present, India is the second largest country in the world in terms of population. In view of the increasing population in India, the State Governments and the Central Government constitute high level committees for policy formulation resources of employment. As a result of which new schemes related to employment are created. The economy of any developed or developing country is divided into two parts in terms of employment

(i) Organized Sector –

The organized sector under economic activity is the area which is registered by the government. Business and industrial units operating through regular activities in relation to employment are determined within the purview of the organized sector. This sector is regulated by various laws like Factories Act, Minimum Wages Act etc.

(ii) Unorganized Sector –   

Under the economic activity, the unorganized sector is the sector which is not registered by the government, does not work regularly in relation to employment. Small and scattered units of the unorganized sector are outside the control of the government. There are rules and regulations in this but they are not followed regularly.

In terms of population, it is very difficult to set a policy in a nation like India that every person should have money in their pocket because the availability of employment or labor is not possible for everyone if the population of the nation is large.

In such a situation, entrepreneurship promotion is being introduced for new perspective and new strategy. This new approach will prove to be helpful in eradicating poverty, unemployment, low productivity and economic inequality of the country as it will provide minimum money to every citizen of the country.

For which it would be appropriate to determine the production of natural chemical fertilizers on a priority basis relative to a new approach, a new strategy So that the production pricing can be properly arranged.

This key element will prove to be helpful in maintaining the rotation of currency flow among more than 125 crore population of the nation. Keeping this fact in mind, the following method will be used in deciding the production price of natural chemical fertilizers-

Determination Of Cost Of Production

1. Direct cost of materials
2. Direct cost of labor
3. Direct expenses
4. Indirect cost of materials
5. Indirect cost of labor
6. Indirect expenses

The components used for the production of natural chemical fertilizers especially fish bones and meats have to be procured from the market or the above ingredients have to be getting by adopting fish farming techniques. The cost of purchasing or adopting a fish farming method will be a major part of pricing the produce.

Apart from this, any person who will earn through this scheme, then that person will be required to take nutritious food from time to time for the quality of human urine.

It is very important to keep these key factors in mind while determining the production price.

Statutory Note

This whole plan has been carefully prepared under a new thinking, a new strategy. Even after this, if any kind of error and defect is found in the study and analysis of the subject, then no responsibility of any kind will be of the subject creator, blogger website and people related to this subject.