- India has a predominantly informal economy in terms of employment. - The informal sector workforce lacks formal contracts, social security benefits, and regulatory oversight.
What percentage of India's work force is engaged in the informal sector?
Asked in WBCS Main Paper 5 2023 · Topic: Nature of Indian Economy (Dualism in Indian Economy (Formal vs. Informal Sector))
More Economic Development questions
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- What is the total number of employed persons in Public and Private Sector ?
- What is the number of Unemployed adults ?
- If the total population of the city is 2.5 lakhs, what is the percentage of total population that is employed in the Private Sector ?
- What is the percentage of Self-employed with respect to all employed persons ?
- Which one of the following statements with regard to economic models is not correct ?
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