Forest Based Industry in Churachandpur District: From the Entrepreneurial Perspective

Abstract

Churachandpur district is one of the largest and most fertile hill districts of the state. The district has distinctive characteristics of forest based industries. The entrepreneurship gesture of capital market, accessibility and affordability of raw materials are the unique and emerging vision of industrial development. The district require fast track speeding up of industrial infrastructure and special aid to coordinate the unanimity of economic environmental problem and marketing instability overwhelmed by the ban and blockade culture in the state. The sustainability with the forest based resources (NTFP- Non-Timber Forest Products) by the rural mass was guaranteed to achieve the most important effort on alleviation of poverty. This study cover only Churachandpur district, the district entrepreneurs were stratified into three sample areas i.e., new market, Tuiboung market and Damkam market respectively. There are altogether 60 numbers of respondents, 20 each questionnaire were collected from the sample area and accordingly the research methodology was constructed with a deliberated design. With the help of purposive random sampling, the required numbers of primary data and secondary data were collected and further analysed with the help of SPSS software calculating correlation and regression, keeping income from forest based industries as dependent variable and monthly expenses on education, medical and fooding and clothing as independent variables. The result from the study shows the beauty of the local entrepreneurs’ sustainability on forest based industry.