DETERMINING RELATIONSHIP BETWEEN ENTERPRISES ESTABLISHMENT AND SOCIAL DEVELOPMENT: Insights from Rural Areas of India
â–ºChaman Lal and Nawal Kishor
10.52283/NSWRCA.AJBMR.20150504A01
Abstract
The study aims; first to analyze the impact of enterprises on nearby villages; and second to determine the relationship between enterprises establishment and social development in rural villages of India. The researchers make use of primary data which is collected through schedule method using purposive sampling. Item and reliability analysis, factor analysis and multiple regressions are applied to analyze the impact and relationship along with ANOVA, descriptive & t-statistics. The findings reflect that enterprises have significant but minimal impact on the social development of rural areas as these generate primarily employment to villagers. Enterprises established nearer to feeder town have larger influence on social life of ruralites. To achieve developmental objectives, enterprises in right proportion/mix should be developed. This study may be a significant study conducted in rural areas of hilly terrain in Himachal Pradesh, India. The study may provide new insights to policymakers to achieve economic and social development.
Keywords: Enterprises, Social development, Industrial Area