A Study On Socio-Economic Conditions Of Scrap Traders In Thiruvananthapuram District

Abstract

The scrap trading sector plays a crucial role in the informal economy by contributing to waste management, recycling, and environmental sustainability. The present study aims to examine the socio-economic conditions of scrap traders and analyse the factors influencing their income and livelihood. The study is based on both primary and secondary data, with primary data collected from 80 scrap traders using a structured questionnaire through simple random sampling. The study adopts a descriptive and analytical research design and applies statistical tools such as percentage analysis, correlation, ANOVA, F-test, and Garrett ranking technique for data analysis. The findings of the study reveal that most scrap traders belong to the low to middle-income group and have moderate levels of education and experience. The analysis indicates that income is positively influenced by factors such as education, experience, type of scrap trade, and access to credit, with experience having the strongest impact. The ANOVA and t-test results show significant differences in income based on type of trade and gender. The Garrett ranking analysis identifies price fluctuation of scrap materials, low income, and lack of access to credit as the major problems faced by scrap traders. The study concludes that despite their significant contribution to recycling and environmental sustainability, scrap traders face several socio-economic challenges that affect their livelihood. Strengthening financial support, improving working conditions, promoting skill development, and ensuring policy support are essential to enhance their income and overall well-being