Inclusive Growth & Social Responsibility - A Critical Analysis of Indian Textile Industry
Pankaj Dixit*(Research Scholar, Department of Commerce, M. M. College, Modinagar, Uttar Pradesh, India) and R. C. Lal(Principal, Department of Commerce, M. M. College, Modinagar, Uttar Pradesh, India) *Corresponding author's Email
Dixit, Pankaj and Lal, R. C. (2019), “Inclusive Growth & Social Responsibility - A Critical Analysis of Indian Textile Industry”, MERC Global’s International Journal of Management, Vol. 7, Issue 2, pp. 202-210.
Submitted: February 23, 2019, Revision received: March 15, 2019, Accepted: March 24, 2019
The textile industry has been a symbol of India's cultural heritage, which has worked to connect the people and played an important role in their economic interests. This sector is mainly divided into several disciplines at the unorganised level; it has made its identity as a cottage industry in every state of India. In the present paper, the textile industry has been focused on inclusive development and social obligations. The main purpose of this paper was to see how the textile sector is contributing to inclusive development. In order to reach the conclusions, both primary and secondary data have been analysed in qualitative analysis. Finding of this research reveals that the textile is contributing towards employment generation and inclusiveness, but in terms of social responsibility it is not playing a positive role because of its unorganised structure.
Akter, A. (2017), “Indian textile & clothing industry- robust but lagging behind in achieving the target”, available at: https://www.textiletoday.com.bd/indian-textile-clothing-industry-robust-lagging-behind-achieving-target/, accessed on December 12, 2018.
Awasthi, Y. and Mawlood, H. A. K. (2018), “A Comparative Study Of Travelling Salesman Problem And Solution Using Different Algorithms Design Techniques In Kurdistan Region – Iraq”, Journal of Advanced Research in Dynamical and Control Systems, Vol. 10. pp. 2731-2741.
Chaganti, V. K. (2014), “CSR Spending of Textile Industry in India”, Samiksha, Vol. 5, Issue 1, pp. 20-24.
Dixit, P. and Lal, R. C. (2016), “Role of Gandhi's Khadi Textile Industry towards Inclusive Growth & Corporate Social Responsibility”, International Journal of Trade and Commerce, Vol. 5, No. 1, pp. 115-120.
Dixit, P. and Tyagi, A. (2015), “A Study of Downturn Trends of Crude Oil Price – An Economic Advantage for Indian Government and Consumers”, International Journal of Trade and Commerce, Vol. 4, No. 1, pp. 121-126.
Economic Times (January, 2019), Women entrepreneurs are major beneficiaries of Mudra scheme: Textiles Minister, available at: http://economictimes.indiatimes.com/articleshow/67454134.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst, accessed on January 09, 2019
ICEC (2016), Promoting Corporate Social Responsibility (CSR) in Indian Textile Industry by “Developing a CSR Framework for Indian MSME Industries, based on Best International CSR Practices, available at: http://www.icec-council.org/wp-content/uploads/2016/02/Study-on-Promoting-CSR-in-Indian-Textile-Industry.pdf, accessed on December 12, 2018.
Ministry of Textile, Government of India (2018), Annual Reports, available at: http://texmin.nic.in/documents/study-report, accessed on October 03, 2018
Nasreen, V. Noorzia and Rao, S. Durga (2014), “Corporate Social Responsibility in Indian Textile Industry”, MERC Global’s International Journal of Social Science & Management, Vol. 1, Issue 3, pp. 124-134.
Szewczyk, M. (2016), Corporate Social Responsibility in the Textile and Apparel Industry: Barriers and Challenges, available at: http://jcrl.umk.pl/files/3315/0102/1371/Szewczyk.pdf, accessed on July 11, 2018.
Tewari, M. (2006), Adjustment in India's Textile and Apparel Industry: Reworking Historical Legacies in a Post-MFA World, available at: https://journals.sagepub.com/doi/10.1068/a38279, accessed on June 03, 2018.
Yojana (2016), Textile special issue, available at: http://yojana.gov.in/Final%20October%20Yojana%2017-9.pdf, accessed on July 15, 2018
Tandon, N. and Reddy, E. E. (2013), “A study on emerging trends in the textile industry in India”, International Journal of Advancements in Research & Technology, Vol. 2, Issue 7, pp. 267-276.
Bharathi, G. and Teki, S. (2018), “CSR Spending Analysis of Select BSE Listed Companies in the Light of the new Companies Act, 2013”, MERC Global’s International Journal of Management, Vol. 6, Issue 4, pp. 141-148.