According to a study, about 81% of the Indian workforce is in the informal sector, 6.5% is in the formal sector, and about 0.8% is in the household sector. There are around 50 lakh street vendors in India, of which Uttar Pradesh has the most (8.5 lakh). Uttar Pradesh is also in the category of states with large populations of street vendors. Other states with a high number of street vendors include Maharashtra, Telangana (5 lakh) while Gujarat and Tamil Nadu have (3.5 lakh) of labor. (TribuneIndia 2022). The number of jobs in India is decreasing, which means there are more informal (unregulated) sectors where people work. This can cause many problems because it doesn’t always provide the same benefits and
protections as regular, formal jobs. A study has found that the informal sector is the main source of job growth in India, and it needs to be considered when planning for the future.
Submitted by: Praveen Kumar, MDes (2021-23), IIT Bombay
Guided by: Prof. Sugandh Malhotra