An Economic Analysis of Street Vendor Migrants in Bengaluru City

Abstract

The informal sector has been a fundamental component of urban economies worldwide since ancient times. The informal sector, which employs a significant portion of the population, is essential for the urban financial development of countries including India. The majority of country dwellers now have the option to make their living working in various sectors of the urban economy due to the recent combination of rapid urbanization and development. People from rural areas have been motivated by this pattern to migrate to urban areas in search of greater employment opportunities, as seen in the case of province urban migration. The process has culminated in an important expansion of the labor force and urban population. However, due to their lack of skills and training, as well as a decrease of chances for employment in the formal urban area, they are only able to participate in the informal areas of urban areas. One of the common financial activities associated with informal area in urban areas is road distribution. According to the Ministry of Housing and Urban Affairs Government of India, many people in India's urban centers find work in street vendors. Although street vendors offers open positions and a means of employment to a large population in urban society, ULBs regard it as a criminal enterprise. The present study aims to identify causes of street vendor migrants in Bengaluru city and to analyze the socio-economic conditions of street vendor migrants in Bengaluru city of Karnataka. The present study depended on both primary and secondary sources of information.