IMPACT OF SHATRANJEE ON RURAL ECONOMIC ACTIVITIES AND POVERTY REDUCTION

Abstract

This study investigates the impact of handicrafts, specifically the Shatranjee Palli industry, on rural economic activities and poverty reduction in Bangladesh. Handicrafts have long been recognized as an important sector in developing countries, contributing to economic growth, employment generation, and poverty alleviation. Shatranjee Palli, a traditional form of handicraft, holds significant potential for socioeconomic development in rural areas of Bangladesh.The study employs a mixed-methods research approach, combining quantitative data analysis. Quantitative analysis involves the examination of secondary data from various government sources, including economic indicators, employment statistics, and poverty measurements. Additionally, Total of 93 primary data is collected on November-december, 2021 through surveys and interviews with artisans, entrepreneurs, policymakers, and beneficiaries involved in the Shatranjee Palli industry. Findings suggest that the Shatranjee Palli industry has a substantial impact on rural economic activities. It provides employment opportunities to a large number of individuals, particularly women, who are often marginalized in the labor market. The industry also serves as a catalyst for income generation and poverty reduction, empowering artisans and their communities. Moreover, the study explores the various challenges and constraints faced by the Shatranjee Palli industry, such as limited access to finance, market barriers, and inadequate infrastructure. It further identifies potential strategies and policy recommendations to enhance the industry's contribution to rural economic development and poverty reduction. This study highlights the significant role of handicrafts, specifically the Shatranjee Palli industry, in rural economic activities and poverty reduction in Bangladesh. It provides valuable insights for policymakers, development practitioners, and stakeholders to foster an enabling environment for the sustained growth and impact of the handicraft sector in rural areas, leading to improved livelihoods and inclusive economic development.