UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 5 Issue 1
January-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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JETIR1801328


Registration ID:
523557

Page Number

66-76

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Title

“An Economic Analysis of Handicraft Sector of Jammu and Kashmir: A Case Study of One Decade”

Abstract

Handicraft products are those products which are made by using handmade tools and its technology is the artisans, natural art. The resources which are used for the production in handicraft sector are available locally, in handicraft sector the products are made without the aid of modern machines. The handicraft sector of Jammu and Kashmir is an important sector contributing to overall development of current and other allied sectors in terms of income and employment creation, this occupying an important place in the economy of Jammu and Kashmir. The handicraft sector is ranked second in terms of employment next to agriculture where millions get employment through this sector. These products are famous world - over because of their unique craftsmanship. The handicrafts activities are best suited to the union territory of Jammu and Kashmir, as these activities are more labour intensive and less capital intensive in nature, therefore having scope for employment generation opportunities at large scale. In this paper an attempt has been made to evaluate the growth, performance, export and employment generation by the handicraft industry during the last decade. It is found from the study that the total production of handicraft industry increased from worth ₹ 1614.59 crores in 2007-08 to worth ₹ 2650.00 crores in the year 2016-17 with compound annual growth rate of 5.66 percent while as the total export of handicraft industry decreased from ₹ 1200.47 crores in 2007-08 to ₹ 1151.21 crores in the year 2016-17 displayed negative compound annual growth rate of 0.46 percent. Furthermore, the employment generation decreased immensely from 3.55 lakhs in 2007-08 to 2.95 lakhs in the year 2016-17, with average of 3.27 lakhs and displayed negative compound annual growth rate of 2.04 percent over the study period. The study found that the percentage share of carpets to total production is 37.65 percent and holds the first rank followed by woolen shawls (30.42 percent). The percentage share of paper machie to total production is 5.34 percent and other items is 26.59 percent.

Key Words

Employment, Export, Handicraft, Jammu & Kashmir and Production

Cite This Article

"“An Economic Analysis of Handicraft Sector of Jammu and Kashmir: A Case Study of One Decade”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 1, page no.66-76, January-2018, Available :http://www.jetir.org/papers/JETIR1801328.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"“An Economic Analysis of Handicraft Sector of Jammu and Kashmir: A Case Study of One Decade”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 1, page no. pp66-76, January-2018, Available at : http://www.jetir.org/papers/JETIR1801328.pdf

Publication Details

Published Paper ID: JETIR1801328
Registration ID: 523557
Published In: Volume 5 | Issue 1 | Year January-2018
DOI (Digital Object Identifier):
Page No: 66-76
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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