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A Study on Powerloom Business in Some Selected Areas of Sirajganj District: It focuses on Present Scenario and Future Prospect

Received: 27 June 2014     Accepted: 8 July 2014     Published: 20 July 2014
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Abstract

The powerloom industry as a tool of Small and Medium Enterprise (SME) has a greatest possibility to contribute a lot in the cloth production of Bangladesh. In this paper authors try to represent the overall socio-economic status of businessmen who are engaged in powerloom business in some selected area of Sirajgonj district. Authors have identified those prominent factors that are moving the wheels of this industry slowly. Among them, shortage of working capital, high cost of raw materials, inadequate supply of electricity, lack of policy support are bitterly hit the powerloom industry. Besides these, authors also try to identify the future prospects of powerloom business in their research area.

Published in International Journal of Business and Economics Research (Volume 3, Issue 4)
DOI 10.11648/j.ijber.20140304.11
Page(s) 140-149
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2014. Published by Science Publishing Group

Keywords

Powerloom Business, Social Status, Economic Development, Future Prospects

References
[1] Arif Anjum and D. V. Thakor. An Analytical Study of the Functioning and the Problems of the Powerloom Industry in Maharashtra with Special .Reference to Malegaon Dist. Nashik. International Journal of Trade, Economics and Finance, Vol. 2, No. 3, June 2011
[2] Golam Mostafa Jibon, Hard Times, The independent, Sunday, 5th January, 2014.
[3] Md. Shahriar Akter, Suntu Kumar Ghosh, HANDLOOM INDUSTRY ON THE WAY OF EXTINCTION: AN EMPIRICAL STUDY OVER THE PRE- DOMINANT FACTORS. BRAC University Journal, Vol. II, No. 2, 2005, pp. 1-12
[4] N. M. Rahmatullah1*, Rokeya Begum2, Kamrun Nahar3 and Rehana Sultana4. Effect of Microcredit on Handloom Weavers of Grameen-Check Producers of Sirajganj District of Bangladesh: A Case Study in Six Selected Villages. Journal of Experimental Sciences Vol. 1, Issue 4, Pages 21-26 [2010]
[5] S. Manikandan• ,Dr. S. Thirunuvakkarsu, TAMIL NADU POWERLOOM INDUSTRY ISSUES & CHALLENGES (A CRITICAL STUDY, International Research Journal , July 2010 ISSN- 0975-3486 RNI: RAJBIL 2009/30097 VOL I *ISSUE 10
[6] Uttam Paul, A study of socio economic status of workers in the unorganized powerloom sector of West BengalGlobal Advanced Research Journal of Agricultural Science (ISSN: 2315-5094) Vol. 2(2) pp. 065-073, February, 2013.
Cite This Article
  • APA Style

    Airin Rahman, Abu Zafar Ahmed Mukul, Sauda Afrin Anny. (2014). A Study on Powerloom Business in Some Selected Areas of Sirajganj District: It focuses on Present Scenario and Future Prospect. International Journal of Business and Economics Research, 3(4), 140-149. https://doi.org/10.11648/j.ijber.20140304.11

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    ACS Style

    Airin Rahman; Abu Zafar Ahmed Mukul; Sauda Afrin Anny. A Study on Powerloom Business in Some Selected Areas of Sirajganj District: It focuses on Present Scenario and Future Prospect. Int. J. Bus. Econ. Res. 2014, 3(4), 140-149. doi: 10.11648/j.ijber.20140304.11

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    AMA Style

    Airin Rahman, Abu Zafar Ahmed Mukul, Sauda Afrin Anny. A Study on Powerloom Business in Some Selected Areas of Sirajganj District: It focuses on Present Scenario and Future Prospect. Int J Bus Econ Res. 2014;3(4):140-149. doi: 10.11648/j.ijber.20140304.11

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  • @article{10.11648/j.ijber.20140304.11,
      author = {Airin Rahman and Abu Zafar Ahmed Mukul and Sauda Afrin Anny},
      title = {A Study on Powerloom Business in Some Selected Areas of Sirajganj District: It focuses on Present Scenario and Future Prospect},
      journal = {International Journal of Business and Economics Research},
      volume = {3},
      number = {4},
      pages = {140-149},
      doi = {10.11648/j.ijber.20140304.11},
      url = {https://doi.org/10.11648/j.ijber.20140304.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20140304.11},
      abstract = {The powerloom industry as a tool of Small and Medium Enterprise (SME) has a greatest possibility to contribute a lot in the cloth production of Bangladesh. In this paper authors try to represent the overall socio-economic status of businessmen who are engaged in powerloom business in some selected area of Sirajgonj district. Authors have identified those prominent factors that are moving the wheels of this industry slowly. Among them, shortage of working capital, high cost of raw materials, inadequate supply of electricity, lack of policy support are bitterly hit the powerloom industry. Besides these, authors also try to identify the future prospects of powerloom business in their research area.},
     year = {2014}
    }
    

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    AU  - Airin Rahman
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    AB  - The powerloom industry as a tool of Small and Medium Enterprise (SME) has a greatest possibility to contribute a lot in the cloth production of Bangladesh. In this paper authors try to represent the overall socio-economic status of businessmen who are engaged in powerloom business in some selected area of Sirajgonj district. Authors have identified those prominent factors that are moving the wheels of this industry slowly. Among them, shortage of working capital, high cost of raw materials, inadequate supply of electricity, lack of policy support are bitterly hit the powerloom industry. Besides these, authors also try to identify the future prospects of powerloom business in their research area.
    VL  - 3
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Author Information
  • Department of Agribusiness & Marketing, Sher-e-Bangla Agricultural University (SAU) Dhaka-1207, Bangladesh

  • Department of Management & Finance, Sher-e-Bangla Agricultural University (SAU) Dhaka-1207, Bangladesh

  • Faculty of Agribusiness Management, Sher-e-Bangla Agricultural University (SAU) Dhaka-1207, Bangladesh

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