PM Shram Yogi Mandhan Scheme

The informal sector provides livelihoods to a significant majority of the country’s population. There is a need to create an institutional regulatory framework to improve the working conditions and well- being of those engaged in it. Discuss. (250 Words)

Approach:

• Introduce by giving a brief overview of the informal sector in India
• Enumerate the contribution of Informal sector in Indian economy
• Enumerate the challenges faced by the sector
• Enumerate various steps taken by Government to improve working conditions and well-being of those engaged in informal sector
• Way Forward and Conclusion