The Dichotomy of Informal v/s Unorganized Sector

The present paper attempts to evaluate the persisting dichotomy between the terms informal and unorganized sector/workers. The usage and definition of the said terms differs significantly both within and outside the country. Since a huge amount of labor force is employed in these sectors the problem...

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Bibliographic Details
Published in:Drishtikon : a management journal 2012-07, Vol.3 (2), p.12
Main Authors: Kumar, Jayant, Bhatia, Hitesh I
Format: Article
Language:English
Subjects:
Employment
Five year plans
Growth rate
Human resources
Informal economy
Labor law
Population
Self employment
Social security
Studies
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Summary:The present paper attempts to evaluate the persisting dichotomy between the terms informal and unorganized sector/workers. The usage and definition of the said terms differs significantly both within and outside the country. Since a huge amount of labor force is employed in these sectors the problem of its recognition and coverage endows a great challenge towards development of human resource in India. Further, the vagueness in terms create worthless impediment in social security policy framing in India. The paper throws light on the present bewilderment over the issue. [PUBLICATION ABSTRACT]
ISSN:0975-7422
0975-7848