Analysis of Cottage Industry in Bangladesh: A case study on Khadi
Author (s):
Md. Mosharraf Hossain & Sheikh Mohammed Imran
Abstract
Bangladesh is one of the developing countries in the world. Overwhelming property, unemployment, illiteracy, abundant unskilled cheap labor force etc. are the common features of Bangladesh. In this connection Khadi product plays an important role to overcoming the problems by exporting. If the producers fulfill the objectives of Khadi to meet the customer satisfaction by creating new and modern product of Khadi, it can be a leading organization in terms of cottage industry. Many times it is said that cottage industries are inevitable backward and lagging part of the economy. But economic analysis and practical experience in many countries show that the cottage industries have displayed remarkable persistence and have contributed significantly to the economic development of the country. The commonly perceived merits often emphasized for further promotion especially in the developing country like Bangladesh include their relatively high labor intensity, dependence on indigenous skills and technology contribution entrepreneurship development and innovations of growth of industrial linkage. The case for fostering cottage industry growth in Bangladesh is irrefutable as these industries offer bright prospects for creating large scale employment and income earning opportunity at relatively low cost for unemployment especially rural areas strengthens the efforts towards achieving high and sustainable economic growth.
Key words: Cottage industry, Khadi, Employment, Labor Intensity, Industrial Linkage, Entrepreneur.
| Title: |
Analysis of Cottage Industry in Bangladesh: A case study on Khadi |
|---|---|
| Author: |
Md. Mosharraf Hossain & Sheikh Mohammed Imran |
| Journal Name: | International Journal of Science and Business |
| Website: | ijsab.com |
| ISSN: | ISSN 2520-4750 (Online), ISSN 2521-3040 (Print) |
| DOI: | https://doi.org/10.5281/zenodo.2649311 |
| Media: | Online & Print |
| Volume: | 3 |
| Issue: | 1 |
| Acceptance Date: | 20/04/2019 |
| Date of Publication: | 23/04/2019 |
| PDF URL: | https://ijsab.com/wp-content/uploads/312.pdf |
| Free download: | Available |
| Page: | 118-125 |
| First Page: | 118 |
| Last Page: | 125 |
| Paper Type: | Research Paper |
| Current Status: | Accepted |
Cite This Article:
Hossain, M. M. & Imran, S. M. (2019). Analysis of Cottage Industry in Bangladesh: A case study on Khadi. International Journal of Science and Business, 3(1), 118-125. doi: https://doi.org/10.5281/zenodo.2649311
Retrieved from https://ijsab.com/wp-content/uploads/312.pdf
About Author (s)
Md. Mosharraf Hossain, (Corresponding Author) Department of Business Administration, Port City International University, Chattogram, Bangladesh.
Sheikh Mohammed Imran, Department of Business Administration, Port City International University, Chattogram, Bangladesh.
DOI: https://doi.org/10.5281/zenodo.2649311