Question

Q.9 Since the late 1970s India started paying attention to enterprises and workers in the informal sector. Expla why.​

Answer 1

Answer:

ANSWER

Explanation:

In the informal sector, male workers account for 69 per cent of the workforce. Since the late 1970s, many developing countries, including India, started paying attention to enterprises and workers in the informal sector as employment in the formal sector is not growing.

Answer 2

Since the late 1970s, India started paying attention to enterprises and workers in the formal sector.

Reasons for Growth in Informal Sector:

• The reason for India starting to pay attention to enterprises and workers in the informal sector is the fact that employment in the formal sector was not growing.
• Therefore, to increase the GDP of the country, India, during its early developing stages started implementing various regulations regarding employment in the informal sectors.
• Moreover, it was possible because of the efforts of the International Labor Organisation (ILO).

Changes implemented for Growth:

• The Indian government initiated the modernisation of enterprises in the informal sectors.
• Provisions regulating working hours, wages and social security measures were introduced.

Thereafter, in the year 1991, the concept of globalisation was introduced in India that further accelerated the growth of both formal and informal sectors in India.