A STUDY ON PROBLEMS FACED BY POWER LOOM INDUSTRIES IN SOMANUR REGION OF COIMBATORE DISTRICT

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1 A STUDY ON PROBLEMS FACED BY POWER LOOM INDUSTRIES IN SOMANUR REGION OF COIMBATORE DISTRICT Ms. K.RANI ASSISTANT PROFESSOR OF COMMERCE Dr.SNS RAJALAKSHMI COLLEGE OF ARTS AND SCIENCE COIMBATORE-49 Ms. B. THILAGAVATHI M.Com Dr.SNS RAJALAKSHMI COLLEGE OF ARTS AND SCIENCE COIMBATORE-49 ABSTRACT The power loom industry providers very good employment opportunity for both males & females by always displaying an advertisement board indicating wanted labors. It was operated around the clock and power loom very entrepreneurs very much concentrated in utilizing the plant optimally enriching maximum output through selling. Hence the Indian economy gain the momentum through power loom industries. The state government has not planned well to distribute the electricity power equally for already existing industries. Hence, after liberalization many of the small power loom entrepreneurs were found vey difficult to produce the first quality fabrics in their power loom industries and these products finds difficult to compete in the global market. Key words: power-loom, maximum output, fint quality fabrics, global market. INTRODUCTION Industry is a key to the rapid economic development because industrialization involves different transformation of society in all its aspects economically, socially, politically and culturally. It is true that rapid industrialization is the only effective way of helping the Indian economy to come out of the vicious circle of poverty. To lay sound foundation for rapid industrialization,there is a need for huge investments in key and basic and large scale industries. But concentrating merely on large scale industries is bound to create miseries to millions in the form of unemployment, shortage of consumer goods, concentration of wealth in few hands. As a result, the basic problems like unemployment, shortage of foreign exchange and paucity of capital will be accentuated. Under the circumstances, small industries are undoubtedly better suited, since they are labor intensive and capital saving. STATEMENT OF THE PROBLEM Textile industry in India is growing at very fast rate. New upcoming technologies and products are to be absorbed by the industry. Attempts are required in analyzing the functioning of the power loom industry in decentralized sector, which is major contributing sector in Indian textile industry. Appropriate measures for the problems in interests of weavers, traders and consumers. Raw material problem Financial problem OBJECTIVES To know about the environmental problems. To analyze the problems faced by power loom entrepreneurs. To know about the economic development of power loom operator after doing power loom industry. HYPOTHESIS: H 01 : There is no impact on environmental problems and income. LIMITATIONS 42

2 The study has been made in accordance with the view proposed by the respondents. The study is applicable to Somanur region which may not be applicable to other part of India. RESEARCH METHODALOGY Sampling Design Methods followed to conduct the research were Sample survey (convenience sampling method) Source of Data Primary data The data is collected by using questionnaire among 30 power loom entrepreneurs Secondary data The collected information s from Journals, Articles and website are used in this survey. Research Area The following areas from Coimbatore district has been selected as research considering easy access and other facilities; Kumarapalayam, Somanur, Perumakoundampalayam. Statistical Tools The statistical tools used in this survey are Percentage analysis, Chi-square analysis Data collection Period industry, weavers and traders, consumers & their modernization in respect to technology up gradation and marketing. They used primary as well as secondary data for the study. Uttam Paul (2013), this study is concerned with the socio economic development of workers engaged in small scale power loom sector of West Bengal. They discussed the nature of employment of power loom industries. They selected randomly 500 workers for surveyed and to know their condition. They used primary data as well as secondary data analyzed with some statistical tools. They found that most of the workers who are engaged in power loom work are illerate and they don t have any idea to know about the various schemes of the government. That is the reason of poor condition. Airi rahman, et.al (2014) they remarked the social status of the weavers and their economic development. They used random sampling method. Sandhya Rani Das (2015), the objective of this study is to analyze the socio economic condition of the weavers and given the possible suggestion to solved their problems. The study is based on primary data through interviewed 100 weavers of Bargarh district of Odessa. They found the conclusion of the weavers are facing number of problems like social,financial,that s why they in able to purchase up to data machineries. They don t have any support through government. Mamta Chaudhary, Anjali Saini, Rakhi Solanki (2015) the objective of the study is to analyzed the hand loom & power loom industry of Uttar Pradesh of socio economic development. This may be help to enlighten the path ways to action & give broad indication for different policy options. Dr. B. Sadanandam (2016) state that socio economic condition of the hand loom weavers in order to identify the reason, and find out their economic condition and status in society. Their area was Warangal district of Telangna state and study is based on Primary data and they used Qualitative and Quantitative technique. 15 th February to 25 th March of the year 2017 REVIEW OF LITRATURE : Arif Anjum, D.V Thakor (2011) they analyze the functioning of the power loom industry and problem faced by the industry workers in Malegaon Maharashtra & their socio economic development. They recommend the appropriate measure for the 43

3 age group % were 10 th standard,20% were 12 th standard,16.7% were diploma of educational qualification % were married,40% were unmarried,16.7% were widowed in marital status % were ,29% were ,19.4% were above in income. RESEARCH HYPOTHESIS: ANALYSIS AND INTERPRETTION H 01 : There is no impact on environmental problems and income Chi-square test S.NO PARTICULARS NO.OF PERCENTAGE RESPONDENTS MALE GENDER FEMALE BELOW AGE 3 EDUCATIONAL QUALIFICATION 4 MARITAL STATUS 5 INCOME YEARS YEARS ABOVE th STD th STD 6 20 DIPLOMO 3 10 OTHERS MARRIED UNMARRIED WIDOWED DIVORCED 0 0 BELOW ABOVE Interpretation: In that samples were 30 respondents. In that 53.3% were male and 46.7% were female in gender % were below 20 years,10% were21-30 years,26.7% were years in 44

4 Value df Asymp.sig.(2- sided) Pearson chisquare Likelihood Ratio Interpretation: The chi-square table reveals that the probability value is lower then 0.05, so the null hypothesis is accepted at 5% level of significance. Hence H 01 is concluded that there is no significant difference between monthly income and poor access to finance. Linear-by-linear Association FINDINGS: The majority of respondents 53.3 % are male. N of valid cases 30 Interpretation: The chi-square table reveals that the probability value is lower then 0.05, so the null hypothesis is accepted at 5% level of significance. Hence H 01 is concluded that there is no significant difference between monthly income and male dominated society The majority of respondents63.3% are below 20 years. The majority of 53.3% respondents are studied 10 th standard. The majority of 43.3% respondents are married. The income between are majority respondents 51.6%. The Chi-square is accepted at 5% significance level. SUGGESTIONS: Establish the favorable policy to this industry. Ensure the continuous supply of electricity. Improve processing facilities Chi-square test Value df Asymp.sig.(2- sided) Pearson chisquare Likelihood Ratio Linear-bylinear Association N of valid cases 30 Provide government many government schemes to the weavers. CONCLUSION Weaving is the main pillars of textile industry or power loom sectors. They are suffering enough due to their poor socio economic condition. The main problem of this industry is less support from the government. Some weavers are adopting to other occupations like running small shops, if they posses some educational qualification. After their school duties, they operate power loom at their home or otherwise to raise their living standard, and the income of the household. If government does not take immediate steps to improve the condition of weavers, then in future will be come a big threat to traditional power loom products 45

5 in somanur region. However, the course of my project investigations, it has been realized that low level of raw material and labor can be used to turn the challenges of the quato-free market in to a window of opportunity. REFERANCE : 1.Mamata Chaudhary, Anjali Saini, Rakhi Solanki, Problems faced by Hand loom industry & Power loom industries in Uttar Pradesh. International Journal of Trade & Commerce, Vol.4, No.1. 2.Dr. Fatma Mehar Sultana, Mehrun Nisa, Socio Economic Condition of Power loom Weavers: A Case Study Mac city. International Journal of Humanities & Social Science Invention Vol.5 Nov Arif Anjum & D.V.Thakor, An Analytical study of the functioning & the problems of Power loom industry in Maharashtra with special reference to Malegaon District Nashik. International Journal of Trade, Economics & Finance, Vol 2, No 3, June Alain Y. L., Chong Felix T. S. Chan, K. Ooi, J.J. Sim(2011), can Malaysian firms improve organization/innovation performance via SCM?., Industrial Management & Data systems. Vol 111, Issue 3. 7.Gary Banks (2009) Australia s Productivity Performance, Productivity Commission. 8.Chaturvedi Athul: (2003) How competitive is India s Textile Sector, The Economic Times. 3.S. R. Dulange, A. K. Pundir, L. Ganapathy, Performance of Power loom Textiles : A Resource base view. International Journal of Innovative Research in Advanced Engineering Vol 1 Issue 6 July Airin Rahman, Abu Zafar Ahmed Mukul, Sauda Afrin Anny, A Study on Power loom Business in some selected areas of Sirajgani District. It focuses on Present Scenario & future prospect. International Journal of business & Economic Research Jain et. Al. (2013) A Review on manufacturing flexibility, International Journal of Production Research Vol-51, Issue Rakshit A.K.(2007) Power loom sector in India. Textile review vol 2 Issue -6 June Textile Commissioner (2006) Hand book of power loom industry New Delhi : Ministry of textiles, Govt of India. 46