International Journal of Social Science & Economic Research
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Title:
A STUDY ON SOCIO-ECONOMIC CONTRIBUTIONS OF ANTHARASANAHALLI INDUSTRIAL AREA: PERCEPTION OF THE COMMUNITY

Authors:
Krishnamurthy. S, Dr. Suresh Poojary

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1Krishnamurthy. S, 2Dr. Suresh Poojary
1. Research Scholar, Department of Commerce, Tumkur University, Tumakuru- 572103
2. Associate Professor, Department of Commerce, St. Aloysius Advanced Research Centre, St. Aloysius College, Mangalore - 575003

MLA 8
S, Krishnamurthy., and Dr. Suresh Poojary. "A STUDY ON SOCIO-ECONOMIC CONTRIBUTIONS OF ANTHARASANAHALLI INDUSTRIAL AREA: PERCEPTION OF THE COMMUNITY." Int. j. of Social Science and Economic Research, vol. 3, no. 7, July 2018, pp. 3357-3369, ijsser.org/more2018.php?id=234. Accessed July 2018.
APA
S, K., & Poojary, D. (2018, July). A STUDY ON SOCIO-ECONOMIC CONTRIBUTIONS OF ANTHARASANAHALLI INDUSTRIAL AREA: PERCEPTION OF THE COMMUNITY. Int. j. of Social Science and Economic Research, 3(7), 3357-3369. Retrieved from ijsser.org/more2018.php?id=234
Chicago
S, Krishnamurthy., and Dr. Suresh Poojary. "A STUDY ON SOCIO-ECONOMIC CONTRIBUTIONS OF ANTHARASANAHALLI INDUSTRIAL AREA: PERCEPTION OF THE COMMUNITY." Int. j. of Social Science and Economic Research 3, no. 7 (July 2018), 3357-3369. Accessed July, 2018. ijsser.org/more2018.php?id=234.

References
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Abstract:
Industrial sector plays a vital role in boosting the economic growth and development of the country. It contributes, 29.7% of Gross Value Added (GVA) to the Indian economy. The Micro, Small and Medium Enterprises (MSMEs) which is estimated to be at 42.50 million, registered & unregistered together contributes to a staggering 95% of the total industrial units in the country. They not only provide huge employment opportunities but also ensure regional balance by taking industrialisation to rural and backward areas (about 20% of MSMEs operate out of rural & backward areas - CII). Thus, reduced regional economic imbalances leads to equitable distribution of national income and wealth. Thereby, the industries contribute enormously to the socio-economic development of the country. The present study aims at understanding the socio-economic contribution of Antharasanahalli industrial area, Tumakuru, Karnataka from the point of view of the community. A sample of 50 respondents has been selected from the community using non-probability sampling. A structured questionnaire has been administered to collect the data necessary to draw conclusion. The data has been analyzed using various statistical tools like factor score and friedman test. The study reveals, Antharasanahalli industrial area has positively contributed to the socio-economic development of the region as well as the community around it. But it was evident from the field survey that the respondents are not too convinced with their efforts towards infrastructure, local employment and environmental protection and they expect better responsibility in coming years.