A STUDY ON SAVINGS AND INVESTMENT PATTERN OF TEXTILE WORKERS IN TIRUPPUR DISTRICT

Authors

  • K. Yuvaraj Research Scholar, Department of Commerce, PSG College of Arts and Science, Coimbatore – 14
  • Dr. M. Venkatraman Assistant Professor, Department of Commerce, PSG College of Arts and Science, Coimbatore – 14

Keywords:

Investment, Savings, Exporter, Workers and Factors

Abstract

India’s textiles sector is one of the oldest industries in Indian economy dating back several centuries. Even today, textiles sector is one of the largest contributors to India’s exports with approximately 11 per cent of total exports.  The study aims to study the level of awareness towards various investment avenues among the textile workers, the factor considered by the textile worker while making investment and the level of satisfaction towards investment among the textile workers.  Primary data are collected from the respondents through questionnaire. Purposive Random Sampling is used to collect the data. The study is conducted among 200 textile workers in Tiruppur District. The study suggests that government should concentrate on middle income people regarding investment.

References

I. Benartzi, S. and R.H. Thaler, 2001, Naïve diversification strategies in defined contribution saving plans, The American Economic Review 91 (1), 79 – 98.

II. Krishnamoorthy,c,(2008).‟A Study on investment pattern and tax planning in the Nilgiris District Jan 2008, Unpublished Theses, Bharathiyar University

III. Achar, A., 2012. Saving and Investment Behaviour of Teachers. An empirical study. International Journal of Physical and Social Sciences. 263-286

Additional Files

Published

15-09-2018

How to Cite

K. Yuvaraj, & Dr. M. Venkatraman. (2018). A STUDY ON SAVINGS AND INVESTMENT PATTERN OF TEXTILE WORKERS IN TIRUPPUR DISTRICT. International Education and Research Journal (IERJ), 4(9). Retrieved from http://ierj.in/journal/index.php/ierj/article/view/1646