Explain the term informalisation and what are the causes behind informalisation in India.
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Explain the term informalisation and what are the causes behind informalisation in India.
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Answer:
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Explanation:
Informalisation of workforce refers to a situation where there is a continuous decline in the percentage of workforce in the formal sector along with simultaneous rise in the informal sector's workforce. ... The following are the two main reasons why India saw a rise in the number of people working in the Informal Sector.