Question

Discuss briefly the concept of 'informalisation of workforce', in the context of Indian economy.

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Answer 1

The informalisation of the workforce in India refers to the decrease of workforce from the formal sectors due to competition or maybe because of strictness of the labor laws. There is an increase of the informal sector.

In the recent years, India has witnessed an unprecedented shift of the workforce from the formal sector to informal sector. This process whereby, the proportion of informal worker in the total workforce increases is known as informalisation of workforce.

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Answer 2

Answer:

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