Role of psychological capital assessment in strengthening handloom weavers

Abstract

Psychological capital assessment is essential for promoting individual well-being, enhancing performance and productivity, fostering resilience and supporting organizational goals. The study aimed to know the role of psychological capital assessment in strengthening handloom weavers. Exploratory research design was used in the study. The saree handloom weavers who were working with pit loom were purposively selected for the study. Psychological capital scale developed by Luthans was used to gather the information on four components self-efficacy, optimism, hope and resilience. The findings of various components of the psychological capital revealed that majority (36.67%) of the employees were confident in analysing a long-term problem to find a solution, felt confident contacting people to discuss problems. Majority 43.33% of weavers agreed that they are optimistic about what will happen in the future as it pertains to work. Majority of the weavers (40.83%) agreed that they energetically pursuing work goals, and last resilience component shows that handloom weavers are ready to face with difficulties at work. The study concluded that 65 percent of the handloom weavers have medium level of psychological capital whereas 35 percent has high level of psychological capital.