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Home News Industries

Informal economy in South Asia

NEWSROOM by NEWSROOM
May 30, 2024
in Industries, South Asia
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A vendor selling forest produce in Nagaland, India. © ILO/ Vijay Kutty

See more photos in ILO Flickr photo library. Despite high levels of economic growth during the past two decades, the informal economy in India still accounts for more than 80 per cent of non-agricultural employment. Informality is found in both the traditional informal economy and – increasingly – through the growth of informality in the formal sector. Limited employment creation in the formal economy means that for many people the only alternative is to seek employment in the informal economy.

Informality…



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