There were around 65 million informal or unincorporated non-agricultural enterprises in India in 2022-23, which employed about 110 million workers and created Gross Value Added (GVA) worth ₹15.4 ...

But small manufacturers in the informal sector have been ... Small manufacturers in urban areas were hit more severely than rural India. Analysis of the 2015-16 and 2021-22 surveys shows a 20 ...

The informal sector in India dominates agriculture and allied ... primarily because agriculture has not seen capital deepening in most areas. Construction is another sector with similar ...

On July 9, credit markets rating agency India Ratings released a report saying that 63 lakh informal sector enterprises ... back to agriculture in rural areas, because it is easy to land a job ...

Despite advancements in formal banking services, over 50% of urban poor households in India continue to rely on informal credit ... communities often live in areas underserved by bank branches ...

In a world where financial technology is evolving at an unprecedented pace, the informal sector in India faces both challenges ... tech-savvy or who operate in areas with poor connectivity.