Question

write a short note on informalisation of indian workforce?

Answer 1

Informalisation of workforce refers to the situation wherein there is a continuous decline in the percentage of workforce in the formal sector and a simultaneous rise in the percentage of workforce in the informal sector.

Indian Case
growth and development generally leads to a rise in the number of individuals employed in the formal sector and a fall in the number of individuals employed in the informal sector.

Answer 2

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

Explanation:

• The main reason for Informalisation of workforce in India is because of people living in the rural sectors and due to them being illiterate and not having proper levels of skills.  The workers prefer to work on daily wages through physical labor to earn money
• Lot of manufacturing sectors employ workers on contractual basis through "subcontracts" to work on temporary basis. Due increasing competition in the markets and with import of goods there has been a rise in the informalisation of the Indian workforce.
• The labor working on contracts do not get the benefits that a normal workforce receives in the formal sectors. The rise in the informalisation of Indian workforce is because of the companies outsourcing their jobs to a third party. This has reduced the need of regular workers in the formal sectors

To know more about formal sectors

Write the different between the formal sector and the infomal sector of employment

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