Out of the Shadows? : the informal sector in post-reform India
By: Raj, Rajesh S.N [Sen, Kunal].
Publisher: New Delhi Oxford University Press 2016Description: xx, 260p.ISBN: 9780199460847.Subject(s): Economic development -- Economic policy--1991 -- Manufacturing industries -- Informal sector (Economics) -- IndiaDDC classification: 338.6420954 Summary: In recent years, developing economies, including India, have undergone considerable structural change. The informal sector continues to be a significant component of manufacturing activity in these economies. Yet, despite its large presence, the sector does not seem to contribute much to India’s economy, which has grown rapidly since the 1991 reforms. This volume examines the presence of ‘manufacturing dualism’—a large but less productive informal sector alongside a modern and more productive formal sector—and assesses how informal manufacturing firms have responded to economic liberalization in India. It views informality through a ‘production’ lens and studies the determinants of enterprise growth and performance along the entire continuum of the informal sector micro-level household enterprises to larger enterprises employing wage labour. The chapters analyse the various aspects of informality in India’s manufacturing sector using rich firm-level data from large, nationally representative surveys spanning two decades of reforms. They argue that concerted government action is needed to allow the informal sector to come out of the shadows and contribute more to India’s economic growth.| Item type | Current location | Call number | Status | Date due | Barcode |
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NASSDOC Library | 338.6420954 RAJ-O (Browse shelf) | Available | 50256 |
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| 338.6420954 MIC- Micro, Small and Medium Enterprises (MSMEs) | 338.6420954 RAG-; Economics of rural artisan complexes | 338.6420954 RAG-; Economics of rural artisan complexes | 338.6420954 RAJ-O Out of the Shadows? | 338.64209543 DIN-S Structure of medium scale industries in Bhilai | 338.64209543 DIN-S Structure of medium scale industries in Bhilai | 338.64209546 SHA-P Performance and prospects of small scale industries in the state of Jammu and Kashmir |
Included bibliography
In recent years, developing economies, including India, have undergone considerable structural change. The informal sector continues to be a significant component of manufacturing activity in these economies. Yet, despite its large presence, the sector does not seem to contribute much to India’s economy, which has grown rapidly since the 1991 reforms.
This volume examines the presence of ‘manufacturing dualism’—a large but less productive informal sector alongside a modern and more productive formal sector—and assesses how informal manufacturing firms have responded to economic liberalization in India. It views informality through a ‘production’ lens and studies the determinants of enterprise growth and performance along the entire continuum of the informal sector micro-level household enterprises to larger enterprises employing wage labour.
The chapters analyse the various aspects of informality in India’s manufacturing sector using rich firm-level data from large, nationally representative surveys spanning two decades of reforms. They argue that concerted government action is needed to allow the informal sector to come out of the shadows and contribute more to India’s economic growth.
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