Unorganised entrepreneurship and employment generation in India

Dhyanadipta Panda

International Journal of Information and Decision Sciences, 2021, vol. 13, issue 1, 59-69

Abstract: Considering India's population growth and paucity of job opportunities, entrepreneurship is the only key to come out of the juncture of unemployment. Entrepreneurship may be in the organised or unorganised form. So far as engagement of workforce is concerned, unorganised sector in India outweighs the organised sector. But the unorganised sector fails to win the confidence of the stakeholders owing to its unsystematic approach and unavailability of regulatory framework. Due to this the stakeholders of this sector do not boast about their affiliation. This paper unfolds how the unorganised sector in India easily accommodate heavy workforce but with many gray areas. Case study method and in-depth interview method are followed to highlight the problem and focus group discussion is conducted to design a framework for win-win situation.

Keywords: unorganised sector; entrepreneur; self-employment; contribution; challenges; India. (search for similar items in EconPapers)
Date: 2021
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