India has a large working population, employed in both formal and informal channels. The largest portion of the formal workforce is engaged in the agricultural sector, 42.4% in 2019. The industry and the services sectors have both seen an increase in their share of total employment, reaching 25.6% and 32% in 2019 from 15.3% and 23.0%, respectively, in 1996. However, the share of people in the informal sector outweighs that in the formal sector. The International Labour Organisation pegs the share of informal labour at 80% of the total worker population in non-agriculture sector. For the agricultural sector the share might be even higher. This is a particular cause for concern, as informal sector workers have no social security or minimum wages. The government has proposed to create a national database of workers engaged in informal workforce, such as hawkers, rickshaw-pullers, and household help to provide them with better social security.
India has a large working population, employed in both formal and informal sectors. The largest portion of the formal workforce is engaged in the agricultural sector, 42.4% in 2019. The industry and the services sectors have both seen an increase in their share of total employment, reaching 25.6% a... (more)
