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Analysis Study Research Paper | Economics | India | Volume 12 Issue 9, September 2023 | Popularity: 5 / 10
Unveiling the Dynamics of India's Workforce: Informal Employment, Economic Reforms, and the Path to Inclusive Growth
Anchal Mehta, Divya Dang
Abstract: Economic growth of a country is upheld by its labour force. India possesses the largest young workforce compared to any country, and is the fastest growing economy today. According to Census, International Labour Organization and NSSO data; the total Labour force Participation rate in India has decreased, while the Workforce Participation rate has increased. Women workforce participation is a driver of growth and its participation in the labour market has witnessed a steady growth in recent years. Paper discusses the segregation of the unorganized and organized sector with formal and informal employment division and discusses the impact of economic reforms on the direction and size of informal workforce employment. An attempt has been made to discuss the trends of informal employment workforce followed by a comprehensive study on problems faced by informal workers and the collective recommendations are seen to boost the upliftment of informal worker conditions.
Keywords: Informal employment, Economic Reform, Female workforce participation
Edition: Volume 12 Issue 9, September 2023
Pages: 295 - 301
DOI: https://www.doi.org/10.21275/MR23824164902
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