Perspective - Informal Economy: Challenges & Opportunities

In this episode of the Perspective Prog. based on Informal Economy: Challenges & Opportunities. The informal economy is a global and pervasive phenomenon. According to Internal Labour Organisation approximately 60 percent of the world’s population participates in the informal sector. Although this is mostly prevalent in emerging and developing economies, it is also an important part of advanced economies. In developing countries like India, large share of the population typically depends upon the informal economy. The economic growth and development in general and livelihood and wages in particular of the vast majority of workers in India crucially depend on the economic viability of the informal sectors. According to Periodic Labour Force Survey over 90 percent of workers in India are informal workers. Out of these those engaged in rural areas is significantly more than urban areas. This is primarily because a large number of informal workers are engaged in farm or agricultural activites. Those in urban areas are involved primarily in manufacturing, trade, hotel and restaurant; construction; transport; storage and communications; and finance, business and real estate. There are various challenges and opportunities vis a vis informal economy and several steps have been taken to tackle those challenges.

Guests:
1. V. Anantha Nageswaran, Economist & EX EAC-PM
2. A.K. Bhattacharya, Editorial Director, The Business Standard
3. Shankar Aggarwal, Former Secretary, Ministry of Labour & Employment, GoI

Anchor: Vishal Dahiya

Producer: Amit Srivastav, Sagheer Ahmad

Follow us on:

[imac]

Support for Informal Sector –
1. Vocal For Local campaign + PLI Scheme
2. Udyog Manthan Series of Seminars
3. Fund of Funds for Startups (FFS Scheme)
4. Startup India Seed Dund Scheme (SISFS)
5. Govt e-Marketplace (GeM) + Startup Runway + PM Employment Generation Program
6. MGNREGAs + Pt Deen Dayal Upadhyaya Grameen Kaushalya Yojana
7. Deendayal Antyodaya Yojana - NULM

[gkplus]

जब दुनिया आपको कमजोर समझे तो,
आपका जीतना बहुत जरूरी हो जाता हैं....
🌿🌾🌿🌾🌿🌾🌿🌾🌿🌾🌿🌾🌿🌾🌿🌾🌾🌾

[svishwajeet]

A enormous thanks to sansad tv 4 adding subtitles & vishal dahiya sir.
💯✅🇮🇳😊

[nidhiahlawat]

Effectively elaborated a complex topic into a very simple and in fair enough
Thank you Sansad television .
Gratitude towards Mr.Vishal Dhaiya .

[DhirendraKumar]

Thank you SANSAD TV TEAM 🙏🏼🙏🏼
Radhey radhey 🙏🏼🙏🏼🙏🏼

[lipsaranimohanty]

Thank u sansad TV.jai Hind 🇮🇳♥️👍☘️☘️☘️🌿🌾🌾🌾🌾🌾🌾🌾🌾🌾🍀🍀🍀

[missionvijay]

Really I salute these sort of initiatives of sansad tv thanks

[bapujoshi]

Main hurdle in the growth of our economy is the population. It should be addessed on top priority basis.

[kusumyadav]

Agrwal Sr ke honesty ko Salam he....thanks Sr

[sanujitroy]

Formal economy quite hit during pandemic and many out of work, informal was seeing bad days much before pandemic started

[nehakasana]

PLFS
Definition of informal and formal
Issues in indian informal sectors
Pandemic issues... sustenance losse and jobs
What govt had done?eshram ;PLI scheme ;mnrega ;pmegp; udhyam portal; pandit dda yojana : National rural livelihood mission; vocal for local
Conclusion: social security net ; quality healthy ;housing.basic amenities outreach to grassroot

[ravindertalwar]

I pray to God 🙏 for the wellbeing and happiness for everyone in the Global World based on LOVE, LIGHT, PEACEFUL COEXISTENCE, NON VIOLENCE AND JUSTICE FOR ALL.

[AbhishekKumar-ugwk]

Mr. Shankar Agrawal disagree on one point of Mr. bhatacharya in return bhatcharya also explain & added one point of providing clean water facility as like critics to mr. Agrawal😊👌

[theartist]

I want to learn English for learning English is it good channel?

[Rohan-qltk]

Intro=
Write about PLFS survey report, approximately more then 90% workers in india are involved in informal economy,
Body=
Now briefly define informal and formal economy,

Issues regarding informal economy,

Why we need to switch towards formal economy,
What should be needed,
--issue of job security, social security and issue of minimum wages,

What govt. is doing?
What can be done/way forward?

Conclusion=

[knowledgeablevideos]

Sir, please bring a analysis on fratricide in paramilitary and armed forces.

[theartist]

I want to learn English ..for English is it good channel?

[AYDOnceAgainDJ]

Sir right now we r not seeing any wages social or job security on ground....how u r implementing I would like to request to u all members come on ground and live only 1 day in rural areas then u realise what's the problem is going 😒😒

[sathishkorumilli]

thank u so much for this session it a great discussion

[sivaprakasam]

It's big picture rstv still running?