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How Will You Know Whether a Worker is Working in the Informal Sector? - Economics

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प्रश्न

How will you know whether a worker is working in the informal sector?

संक्षेप में उत्तर

उत्तर

The following features help to recognise a worker working in the informal sector:

i. A worker working in an enterprise (other than the public sector establishments and the private sector establishments) hiring 10 or less than 10 workers.

ii. This sector includes millions of farmers, agricultural labourers, owners of small enterprises and self employed. These sections of people are not hired worker.

iii. A worker working in informal sector does not enjoy social security benefits such as provident fund, gratuity, pension, etc.

iv. The economic interest of the workers working in the informal sector is not protected by any Labour Laws other than Minimum Wages Act. Therefore, workers in the informal sector are highly exposed to the uncertainties of the market and have low bargaining power.

shaalaa.com
Introduction to Employment - Growth, Informalisation and Other Issues
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 7: Employment: Growth, Informalisation and Other Issues - Exercise [पृष्ठ १३६]

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एनसीईआरटी Economics - Indian Economic Development [English] Class 12
अध्याय 7 Employment: Growth, Informalisation and Other Issues
Exercise | Q 22 | पृष्ठ १३६
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