Effects of the Sick Industrial Units Onthe Socio-Economic Conditons of the Employees of Small Estate Kohat Road Peshawar

Abstract

Industry play key role in the development of a country. On the basis of its importance and vitality the study was carried out in small Industrial Estate Kohat Road Peshawar in July, 2014. The major objectives were to find out the effects of sick industrial units on socio-economic conditions of the employees of the sick industrial units of Small Estate Kohat Road Peshawar. The total sick industries number was 20 and only five were purposively selected due to time  and financial constraints. There the total number of the employees in five units were 56 and all  56 respondents were selected for the study. With the help of interview schedule data were collected from the respondents.  Descriptive statistics and paired t-test were run for data analysis. The results indicate mean monthly income after failure of the industries Rs.12634 and before Rs.17545, similarly monthly expenditure after was Rs.12036 and before Rs.14746 while mean monthly saving after and before was Rs.607 and   Rs.1614 respectively.   All results were found statistically significant at 5% confidence level. The number of cows, buffaloes, goats and sheep were found less than before. The result further explained that the house changed from semi pacca to Kacha and house items were found less than before. House holding status degraded from owned to rented and food pattern negatively affected due to low income of the respondents. Transport, Job accessibility, and health problem were identified in the study area. On the basis of finding the study recommend tax free industry zone, skill training to community; establishment of small industries for employment generation, fund availability on low interest rate by government to industrial owner for rehabilitation of the sick industries, smuggling control by government, industrial reform for employees life protection and marketing system development for enhancement of industry in the study area .

Keywords: Effects, Sick Industries, Socio-economic Conditions, Employees, Industrial Estate Kohat Road Peshawar