Employment and Working Conditions in Urban Informal Sector: A Study

Abstract

Informal sector contributes largely to the economic development of all the countries. Informal sector reduces the unemployment. The entrepreneurs are in this sector for their livelihood, not for making profit. But some entrepreneurs in the informal sector like vegetable vendors, agents, brokers, footpath traders, carpenters, refreshments, repairing and service shops earn more than the formal employees. Majority of the informal sector activities are community based. Most of the rural and urban people are continuing their family business, because of lack of employment opportunity. Informal sector activities became major source of income to the majority of the population in India. It provides the basic financial support to the family for their children education, family commitments etc. Informal sector plays a significant role in the economy in terms of employment opportunities and poverty alleviation. This sector generates income earning opportunities for a large number of people)