Juxtapose formal sector with informal sector

Vipal Bhagat Informal economy or the grey economy is the ubiquitous phenomenon in the developing world and India is no exception. Rather, the presence of the informal sector in the Indian economy is much more pronounced due to the presence of the illiteracy- overpopulation nexus. If one carefully delve deeper in to the economic system, the obvious importance of the informal sector will be clearly discernible. One of the most important roles of the informal sector is in the maintenance … Continue reading Juxtapose formal sector with informal sector