India is a dominant force in Asia‟s economic growth and home to the world‟s second-largest workforce some 5oo million people. It is estimated that less than 12 percent of the work-force in India belongs to the formal sector, leaving more than 90 percent well over 447 million people in the informal sector. The informal sector has also been termed "The non-farm economic activities" especially in relation to rural economy.In most country studies that the informal sector is the largest employer of relatively unskilled workers. The informal sector has reached a level where it „must be regarded and treated as part of the solution to the current economic problems of developing nations.
URL : http://iosrjournals.org/iosr-jhss/papers/Vol4-issue1/D0412936.pdf