Is it necessary to generate employment in the formal sector rather than in the informal sector? Why?
Medium

Solution

With economic reforms in 1991, there has been significant rise in informalisation of workers. Since informal workers face uncertainties of making of living, it is surprising that such a high percentage of total workforce prefer to be employed in the informal sector. All necessary steps should be taken to generate employment in the formal sector, which is only 7% at present.

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