Economic Analysis of Jewellery Developed from Leftovers and Solid Waste

The investigation entitled was carried out in Ludhiana city. An interview schedule was prepared for the purpose of collection of data for design development from leftovers and solid waste. For collection of data 90 respondents between the age group of 17–25 years were selected through purposive random sampling technique from three colleges of Ludhiana city. The results of the study revealed that majority of the respondents were between 17–21 years of age group and were higher secondary, belonged to nuclear families and had monthly family income ranged between Rs. 25,001/- to Rs. 50,000/-. Another interview schedule was prepared to study the cost effectiveness of the developed jewellery. For this purpose same sample of ninety respondents were selected and developed jewellery were shown to them. All the jewellery sets were highly appreciated on the basis of wear ability, colour combination, overall impact and appearance. Majority of the respondents rated all the jewellery sets as very good. The quoted prices of the jewellery sets were found to be adequate there by 15.74 to 66.67 per cent profit can be earned by making jewellery developed leftovers and solid waste.