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Asian Journal of Management
ISSN: 2321-5763(Online), 0976-495X(Print)
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Analysis of rate of investment, upcoming industrial units and associated new employment generation in Kabirdham District of Chhattisgarh State
Madan Gopal Patle
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Madan Gopal Patle1, Dr. A.K. Pandey2
1Research Scholar, Economics, Pt. Ravishankar Shukla University, Raipur
2Professor, School of Economics, Pt. Ravishankar Shukla University, Raipur
Historically in rural India, agriculture was the only source of income for the locals. But as the infrastructure development took place locals found that there are lot more opportunities to earn their livelihood besides agriculture. The industrial revolution focused on development of manufacturing centres in the suburbs. The manufacturing centres were close to rural regions and hence attracted labour from the nearby villages. This alternate seasonal jobs brought slight decline in agricultural activities. The manufacturing sector was a silver lining for the rural population, however, the manufacturing sector itself was associated with management problems. Poor management of operations, lack of operational amenities such as 24 hours’ electricity connection and easy availability of raw materials on manufacturing site were some of the factors responsible for shut down of some of the popular manufacturing units. This study focus on Kabirdham (Kawardha) district of state of Chhattisgarh, the district poses potential to get developed into a manufacturing cluster. But this potential is yet to be harnessed. This research work tries to find out how the employment scenario in the Kabirdham district is changing with time. The population of the district is increasing with large number of youth still unemployed. The study tries to shed light of the job creation aspects present in the district. The results of the research work indicate that the trend for new registration of industrial units is negative in the region. The research work further indicate that rate of employment generation is sluggish in the district and needs to be immediately rectified. The inflow of investment in the district is seventy-three lakhs per year only. The investment is less when there is need for generation of employment for a population which is eight lakhs in strength.
Employment, Industrial investment, Kabirdham.
Madan Gopal Patle, A.K. Pandey. Analysis of rate of investment, upcoming industrial units and associated new employment generation in Kabirdham District of Chhattisgarh State. Asian J. Management; 2017; 8(2):151-154.
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