Abstract

TWealth is defined by the Word Web as “The state of being rich and affluent; having a plentiful supply of material goods and money, an abundance of material possessions and resources, property that has economic utility: a monetary value or an exchange value” This is what the TVET institutions in Ghana are lacking. Most of the institutions are complaining that Government subventions are not forth coming, so no money to run the institutions. The purpose of this paper is to assess the current situation at the CBT Production Units as alternative means of income generation in the various departments in the Institutions. Questionnaires were administered to Principals of TVET Institutions to seek their views. Also, Heads of Department (HOD) of the institutions and the Workshop Assistants were interviewed. The survey revealed the possibility for the Production Units to raise funds for the institutions; but the major challenge was that, it was difficult for the Principals to compel them to do so. This was because the HODs see the Units as their personal property, and will not take any interference from any Principals. It is recommended that: there should be a laid down rules and regulations regarding income generation by the Production Units, HODs should be held accountable for all work done at the workshop, Job card should be opened for all jobs, and an agreed percentage of income from the Production Units should be paid to the department as incentive. Keywords: Income generation, CBT, Production Unit, TVET Institution.