The Indian economy is characterised by a dualism, i.e., the existence of comparatively well organised sector along with the decentralised sector with a large population which is self-employed (explanation of concept of unorganised sector is India is given in Annexure 1). According to reports, 422.6 (94%) million workers out of the total workforce of 457.5 million belong to the unorganised/informal sector in India. These workers contribute to more than 60 per cent to India's GDP growth.
What Do People Live On? Living Wages in India
The Constitution of India envisages a just and humane ...