The document discusses the unorganized sector in India, which consists of small businesses and workers without formal worker protections. It provides key statistics on the sector's large contributions to employment and GDP. The unorganized sector faces many problems, such as lack of regulations, social security, access to capital, and unfair competition from organized businesses. The government has launched initiatives to address these issues and provide health insurance to unorganized workers.
Indian labor Market :Consists of 430 million workers in 2004-05, growing 2% annually, with a stable worker-population ratio of 40%.
Lower level of women’s participation in workforce (28%) – perhaps an underestimate.
Low level of open unemployment (3.1%) – high level of disguised unemployment (or under-employment), mostly in rural areas and in agriculture.
Child labour’s share in workforce declining – yet quite large in absolute numbers, at 13 million in 2001.
Indian labor Market :Consists of 430 million workers in 2004-05, growing 2% annually, with a stable worker-population ratio of 40%.
Lower level of women’s participation in workforce (28%) – perhaps an underestimate.
Low level of open unemployment (3.1%) – high level of disguised unemployment (or under-employment), mostly in rural areas and in agriculture.
Child labour’s share in workforce declining – yet quite large in absolute numbers, at 13 million in 2001.
A "wage determination" is the listing of wage rates and work benefit rates for each classification of labourers and mechanics. This is determined by skill, effort, knowledge, experience etc.
Why We Need of Social Security
Most of the rural and informal sector workers in the world do not have any social security measures.
In India almost 90% of families earn their livelihood from the unorganized sector.
Needs that necessitates social security :
Physical risks: Sickness, old age, maternity, accidents, death.
Economic risks : Unemployment
Economic burden of larger family
The informal sector is now seen as the next engine of growth for India's economy. Nearly 81% of all employed persons in India make a living by working in the informal sector, with only 6.5% in the formal sector and 0.8% in the household sector, according to a new ILO (International Labour Organisation) report "Women and Men in the Informal Economy – A Statistical Picture (Third edition) 2018 ."A majority of women in India are informal workers. The statistics of the ILO report indicates that 95% of work force is in the informal sector. , the transition to formality is increasingly seen as a central goal in national employment policies (ILO, 2014a).
This paper will study the challenges imposed by the in formalization of the economy and how detrimental can that be for the economic development in general.
Key words: Informal Economy, Dual burden of work, unorganized sector
In India, unorganized sector play major role in our Indiana economic and large amount of population works in this sector. More than 90 percent of the workforce and about 50 percent of the national product are accounted for by the informal economy. This sector also encompasses the treasure of traditional indigenous knowledge.
It caters to the wide ranging economic requirements of the society. The economic contribution of unorganized sector can be discussed in terms of employment in unorganized sector, contribution to GDP and Gross Value Added and supplying various goods and services for the society.
Unlike the organized sector, even this sector has not received the benefits or organization. Many of them are victims of invisibility. The difficulty starts with identifying the unorganized sector. This report is an attempt to identify the role of the unorganized sector in the Indian economy with special reference to economic contribution and employment.
An unorganised worker is a home-based worker or a self-employed worker or a wage worker in the unorganised sector and includes a worker in the organized sector who is not covered by any of the Acts pertaining to welfare Schemes
In India, unorganized sector play major role in our Indiana economic and large amount of population works in this sector. More than 90 percent of the workforce and about 50 percent of the national product are accounted for by the informal economy. This sector also encompasses the treasure of traditional indigenous knowledge.
It caters to the wide ranging economic requirements of the society. The economic contribution of unorganized sector can be discussed in terms of employment in unorganized sector, contribution to GDP and Gross Value Added and supplying various goods and services for the society.
Unlike the organized sector, even this sector has not received the benefits or organization. Many of them are victims of invisibility. The difficulty starts with identifying the unorganized sector. This report is an attempt to identify the role of the unorganized sector in the Indian economy with special reference to economic contribution and employment.
The Indian government passed the National Rural Employment Guarantee Act (NREGA) in 2005 to enhance the livelihood security of people in rural areas by guaranteeing 100 days of wage employment each financial year to every rural household whose adult members demand work under the scheme.
A "wage determination" is the listing of wage rates and work benefit rates for each classification of labourers and mechanics. This is determined by skill, effort, knowledge, experience etc.
Why We Need of Social Security
Most of the rural and informal sector workers in the world do not have any social security measures.
In India almost 90% of families earn their livelihood from the unorganized sector.
Needs that necessitates social security :
Physical risks: Sickness, old age, maternity, accidents, death.
Economic risks : Unemployment
Economic burden of larger family
The informal sector is now seen as the next engine of growth for India's economy. Nearly 81% of all employed persons in India make a living by working in the informal sector, with only 6.5% in the formal sector and 0.8% in the household sector, according to a new ILO (International Labour Organisation) report "Women and Men in the Informal Economy – A Statistical Picture (Third edition) 2018 ."A majority of women in India are informal workers. The statistics of the ILO report indicates that 95% of work force is in the informal sector. , the transition to formality is increasingly seen as a central goal in national employment policies (ILO, 2014a).
This paper will study the challenges imposed by the in formalization of the economy and how detrimental can that be for the economic development in general.
Key words: Informal Economy, Dual burden of work, unorganized sector
In India, unorganized sector play major role in our Indiana economic and large amount of population works in this sector. More than 90 percent of the workforce and about 50 percent of the national product are accounted for by the informal economy. This sector also encompasses the treasure of traditional indigenous knowledge.
It caters to the wide ranging economic requirements of the society. The economic contribution of unorganized sector can be discussed in terms of employment in unorganized sector, contribution to GDP and Gross Value Added and supplying various goods and services for the society.
Unlike the organized sector, even this sector has not received the benefits or organization. Many of them are victims of invisibility. The difficulty starts with identifying the unorganized sector. This report is an attempt to identify the role of the unorganized sector in the Indian economy with special reference to economic contribution and employment.
An unorganised worker is a home-based worker or a self-employed worker or a wage worker in the unorganised sector and includes a worker in the organized sector who is not covered by any of the Acts pertaining to welfare Schemes
In India, unorganized sector play major role in our Indiana economic and large amount of population works in this sector. More than 90 percent of the workforce and about 50 percent of the national product are accounted for by the informal economy. This sector also encompasses the treasure of traditional indigenous knowledge.
It caters to the wide ranging economic requirements of the society. The economic contribution of unorganized sector can be discussed in terms of employment in unorganized sector, contribution to GDP and Gross Value Added and supplying various goods and services for the society.
Unlike the organized sector, even this sector has not received the benefits or organization. Many of them are victims of invisibility. The difficulty starts with identifying the unorganized sector. This report is an attempt to identify the role of the unorganized sector in the Indian economy with special reference to economic contribution and employment.
The Indian government passed the National Rural Employment Guarantee Act (NREGA) in 2005 to enhance the livelihood security of people in rural areas by guaranteeing 100 days of wage employment each financial year to every rural household whose adult members demand work under the scheme.
This power point presentation will describe about the Concept Of Employment , Kinds Of Employment , Causes of Unemployment In India, Steps to reduce unemployment and Government Policies measures to reduce unemployment
Analysis of Factors for Employment in MSME Clusters - FMCTheBambooLink
This report is an outcome of a study commissioned by Institute of Applied Manpower Research (IAMR) of Planning Commission, Government of India to FMC. The report captured the phenomenon of “jobless growth” and draw policy suggestions, based on the field study of 46 MSME clusters in India. The study outlined major factors that have led to jobless growth and these factors were further analysed with respect to the sectors the clusters fell in.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
10. Estmd Contribution to Employment Year: 1999/00 (Total labour force: 406 million) (GDP share: 63%) Industrial Category No. of persons (in millions) Formal Sector Informal Sector Agriculture 1.39 238.87 Non-Agriculture 26.68 131.5 Mining & Quarrying 1.01 1.25 Manufacturing 6.71 37.07 Electricity, Gas And Water 1 0.04 Construction 1.17 16.36 Trade, Hotels And Restaurants 0.49 40.37 Transport, Storage & Comm. 3.15 11.48 Financial Services 1.65 3.29 Community Services 11.49 21.64 All Sectors 28.07 (93%) 370.37
11. Labour Force Characteristics Year: 1999/00 Urban Share (in percentage) Male Female Total 1. Employed 51.8 13.9 33.7 2. Unemployed 2.4 0.8 1.6 3. Labour Force (1+2) 54.2 14.7 35.3 4. Not counted in the labour force 32.8 71.7 51.4 5. Working age population (3+4) 87 86.4 86.7 6. Non-working age population 13 13.6 13.3 7. Population (5+6) 100 100 100 Rural Share (in percentage) Male Female Total 1. Employed 53.1 29.9 41.9 2. Unemployed 0.9 0.3 0.6 3. Labour Force (1+2) 54 30.2 42.5 4. Not counted in the labour force 30.3 53.9 41.7 5. Working age population (3+4) 84.3 84.1 84.2 6. Non-working age population 15.7 15.9 15.8 7. Population (5+6) 100 100 100
12.
13. How is it calculated? Various Methods used by National Commission for Enterprises in the Unorganised Sector Item CSO Kolli & Hazra Sub Group Definitions of unorganised sectors Follows different criteria for different industry groups mainly dictated by availability of data Enterprises employing upto 5 workers with certain exemptions as informal sector which is a sub set of the CSO's unorganised sector. Proprietary and partnership enterprises employing less than 10 workers Share of Unorganised Sector Varies between 57 and 60 percent since 1993-94 58.5 % of NDP belongs to unorganised sector of which 47.7 % is informal in 2001-02. 55.42% in 1999-2000 and 49.94% in 2004-05 Methodology The GDP estimates of unorganized sector in each compilation category are initially prepared for a bench mark year by using labour input method. The labour input data is obtained from Census of Small Scale Industry, NSS surveys on Employment & Unemployment, DGET etc. For the subsequent years, the benchmark year estimates are extrapolated with appropriate physical indicators and the relevant price indices. Employment estimates from 55th round for all compilation categories.Value added per worker for services from 57th round and for the rest of the sectors from 55th round. Multiplying the employment with value added per worker to arrive at the informal sector estimates. Keeping the overall unorganised sector as defined by CSO constant. Value added per worker estimated from 55th, 56th and 57th round unorganised sector surveys. Employment estimates from 55th and 61st Round EUS survey. Apportioning was not limited only to unorganised sector GDP. In the services sector total GDP was apportioned.