Informal Employment in India’s Development Trajectory

Ishita Mukhopadhyay
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Ishita Mukhopadhyay: University of Calcutta

Chapter 13 in Employment in the Informal Sector in India, 2022, pp 131-135 from Springer

Abstract: Abstract India’s post-colonial development trajectory went on through different stages. Starting with Five-year plans and then moving on to neoliberalism has seen Indian informal sector with petty production also moving along with the transition. Here an overall summary of the trajectory of Indian informal sector through the phases of planned mixed economy, neoliberalism and privatization, and the current phase of aggressive corporatization is presented. Informal sector employment has gradually moved to informal employment with increasing informality in economic activities. The chapter analyses the trajectory from political economic perspective.

Date: 2022
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DOI: 10.1007/978-981-15-0841-7_13

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