The unorganized sector account for a major share of total employment,particularly in the developing nations. In India, a major chunk of employment is due to informal/unorganized sector. But a number of problems are there in this sector which needs immediate attention.Let us try to identify and evolve effective measures to resolve these issues.
1. Proper business knowledge
2. Available Govt Assistance
3. Insurance schemes of the employees
4. Skill development
5. Market distribution
6.Proper Infrastructure
Also there are other issues.
Unorganized sector comprises of many type of micro business activities undertaken by the poor people in the developing countries. The Government of India is also encouraging those sections of the people to register their names with full background information in order to get the privileges. Even the Government is giving training to those unorganized sector target groups. It is one of the strategies of Poverty reduction among the poor. There is list of jobs have been marked as unorganized sector.
The informal sector provides cushion in time of economic crisis. Access to market, access to credit, mentoring/involvement of state owned enterprises, tax breaks are among several policies in Indonesia.The ICT and social media marketing may open new opportunities; but also bring competition from worldwide.
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