It takes the average reader 2 hours and 55 minutes to read FORMAL AND INFORMAL SECTOR: CAUSES, CONSEQUENCES AND GOVERNMENT MEASURES IN SOCIO-ECONOMIC DEVELOPMENT by Dr. Chinmoy Sarkar
Assuming a reading speed of 250 words per minute. Learn more
“Formal and Informal Sector in India -Causes, Consequences and Policy framework in socio-economic development” is an endeavor of the Research Wing of Siliguri College of Commerce, Siliguri to get an insight about the emerging issues faced by the formal and informal sector in India. As a developing economy, India has grown in GDP terms since 2005 and is one of the fastest growing economies in the world as of now, overtaking the GDP of Great Britain in 2022. Apart from her satisfactory growth in terms of formal planning, the size and magnitude of India’s informal sector is something which is a concern for both researchers and planners. Large informal clusters in metro cities of Argentina, Brazil and Mexico as well as in emerging metros like Surat, Siliguri, Bhopal and Vijaywada may thwart any comprehensive planning premises of a welfare state. There are issues of livelihoods and educational attainments if the informal base is large and operate beyond the spectrum of Government initiatives. The vulnerabilities of the migrant workers, the livelihoods of small traders and the literacy attainments of the school going children enrolled in low cost public schools were severely impacted when India was closed down for almost 187 days in 2020-2022 during the COVID crisis. The presence of informal workers in agricultural sector, small scale industries, MSMEs and informal employment is anything close to 235 million in India. There has been sincere efforts by our Governments to uplift the rural poor and the marginalized urban clusters by means of self-employment schemes and tax incentives, but such efforts do not reach the informal economy. Therefore the main focus lies in integrating these clusters with the formal economy. This is undoubtedly a formidable task. Further there is a need for a national floor to protect the wages of the clusters operating in the informal sector- in terms of minimum wage, health and safety measures as well as literacy attainments. On the other side, schooling, literacy attainments and livelihoods were severely affected during the lockdown. These are the issues which are raised in this publication.
FORMAL AND INFORMAL SECTOR: CAUSES, CONSEQUENCES AND GOVERNMENT MEASURES IN SOCIO-ECONOMIC DEVELOPMENT by Dr. Chinmoy Sarkar is 169 pages long, and a total of 43,771 words.
This makes it 57% the length of the average book. It also has 53% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 3 hours and 59 minutes to read FORMAL AND INFORMAL SECTOR: CAUSES, CONSEQUENCES AND GOVERNMENT MEASURES IN SOCIO-ECONOMIC DEVELOPMENT aloud.
FORMAL AND INFORMAL SECTOR: CAUSES, CONSEQUENCES AND GOVERNMENT MEASURES IN SOCIO-ECONOMIC DEVELOPMENT is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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