Vol. 6 No. 2
Assessing the socio-economic correlates for analyzing the benefit-cost ratio of cane and bamboo handicraft in Assam, India.
Author(s): M. M. ADHIKARY, K. PRADHAN AND R. SAHARIA
Abstract: The \'entrepreneurship development\' is becoming global phenomenon today not only because of industrial growth and business ventures but also a solution of unemployment and for the socio-economic prosperity of the community. The present study was conducted at Pub Nalbari Block of Nalbari District and Balipara Block of Sonitpur District under the state of Assam with a view to assess the socio economic correlations for characterizing the benefit cost ratio of handicraft enterprises. The purposive as well as simple random sampling technique was adopted for the present study. The District and Blocks were purposively selected for the study. The District Nalbari and Sonitpur and the Blocks Pub Nalbari and Balipara were considered. Under Pub Nalbari Block, out of ten gaon panchayats, two gaon panchayats and in case of Balipara Block, out of eighteen gaon panchayats, two gaon panchayats were randomly selected for the study. The hundred handicraft entrepreneurs were selected randomly as respondents from the selected gaon panchayats for the purpose of final data collection. The data were collected with the help of structured interview schedule prepared for the study. The selected data were subjected to the statistical tools like coefficients of correlation and multiple regressions for drawing conclusions. The study revealed that entrepreneurs are getting good returns from cane and bamboo enterprises and the particular enterprise is economically feasible. Increase of annual income, increases the level of profit from the enterprise. The involvement of cost is lower than the profit gain from the enterprise. The experience of the entrepreneurs about the enterprise contributes to the efficient use of existing resources in the enterprise with the help of low cost technological intervention for profit maximization. The increased level of hired labour increases the benefit-cost ratio and one entrepreneur can maximize his profit by hiring the skilled labour from outside..
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