A Study on Technology Problems of Rural Industries in Madurai District

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Selvaraj N
Selvaraj N
2
Santhanamari .R
Santhanamari .R

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The rural industrial sector stands next only to agriculture in terms of employment; on value addition its share is about fifty percent of the total value of goods produced in the manufacturing sector and in the matter of exports, its share is more than one third of the total exports made by the country. Outdated technology was a major problem for rural industries in the early years of Independence. Lack of technological improvement resulted in the production of articles which did not command wide consumer preference and they could fetch only low prices. Consequently, the earnings of rural industries were low. After the collection of data, the filled up interview schedules were edited properly. A master table was prepared to sum up all the data. With the help of the master table, classification tables were prepared and they were adopted directly for analysis. The suggestion based on the findings of the study for the growth and development of rural industries in Madurai district can be considered: Outdated technology was identified as a problem of rural industries. The study suggests that governments should redouble their efforts in the provision of infrastructure, especially in the area of technology upgradation of rural industries.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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Selvaraj N. 2019. \u201cA Study on Technology Problems of Rural Industries in Madurai District\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 19 (GJMBR Volume 19 Issue C6): .

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GJMBR Volume 19 Issue C6
Pg. 31- 36
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-C Classification: JEL Code: F69
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v1.2

Issue date

October 17, 2019

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English

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The rural industrial sector stands next only to agriculture in terms of employment; on value addition its share is about fifty percent of the total value of goods produced in the manufacturing sector and in the matter of exports, its share is more than one third of the total exports made by the country. Outdated technology was a major problem for rural industries in the early years of Independence. Lack of technological improvement resulted in the production of articles which did not command wide consumer preference and they could fetch only low prices. Consequently, the earnings of rural industries were low. After the collection of data, the filled up interview schedules were edited properly. A master table was prepared to sum up all the data. With the help of the master table, classification tables were prepared and they were adopted directly for analysis. The suggestion based on the findings of the study for the growth and development of rural industries in Madurai district can be considered: Outdated technology was identified as a problem of rural industries. The study suggests that governments should redouble their efforts in the provision of infrastructure, especially in the area of technology upgradation of rural industries.

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A Study on Technology Problems of Rural Industries in Madurai District

Selvaraj N
Selvaraj N
Santhanamari .R
Santhanamari .R

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