COST AND RETURN ANALYSIS OF SHAWL INDUSTRY IN HANDICRAFT SECTOR IN J AND K STATE, INDIA

Shazia Hamid, Dr. Imtiyaz ul Haq

Abstract


In the absence of large scale industries, handicraft industry occupies an important position in the economic structure of Jammu and Kashmir State. Handicraft industry being a key economic activity has remained a pivotal source of revenue generation in the state. The reason being that handicraft activities are best suited to the state as they are more labor intensive and less capital intensive as well as environment friendly. In this backdrop, the present study is designed to make an analysis of cost and benefit structure of Shawl industry of Handicraft sector in Srinagar District of Jammu and Kashmir (J&K) state, India. The main focus of the study is whether the industry can help to raise the income levels of people associated with it and offer more employment opportunities to the people of the State. The results of the study reveal that Gross returns per rupee of investment in shawl industry of Handicraft sector on an average accounts to Rs 2.47. The results also show that Net returns per rupee of investment are high accounting to Rs 1.47, which implies that every one rupee of investment fetches a profit of one and a half rupee.

Keywords


Handicrafts; Shawl Industry; Cost and Return Analysis; Profitability; Gross Margin; Gross Returns and Net Returns

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References


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