The Challenge Of Informality In The Indian Economy

National Commission for Enterprises in the Unorganized Sector defines Informality in employment as the absence of employment and/or social security and it is overwhelmingly associated with low income, poverty and vulnerability

Informal Workers in India

• Despite witnessing rapid economic growth over the last two decades, 90% of workers in India have remained informally employed, producing about half of GDP. Combining the International Labour Organization’s widely agreed upon template of definitions with India’s official definition, the share of formal workers in India stood at 9.7% (47.5 million).
• Official PLFS data shows that 75% of informal workers are self-employed and casual wage ....