India's Informal Economy

£41.99

India's Informal Economy

Contractual Labour in the Formal Manufacturing Sector

Development studies Economics of industrial organization Labour / income economics Development economics and emerging economies Political economy

Author: Bir Singh

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Collection: Routledge Studies in Labour Economics

Language: English

Published by: Routledge

Published on: 26th May 2023

Format: LCP-protected ePub

ISBN: 9781000883596


Introduction

The demand for economic inclusion has increasingly intensified, as manifested by the growing movements of farmers, workers and social activists. Therefore, the question of adequate social representation of marginalized and underprivileged communities has to be made pivotal in the discourse of inclusion.

Scope of the Book

This book investigates selected aspects of labour market informality in India. It examines the key factors that have expedited labour informality—contractualisation—in the manufacturing sector since the early 1990s. It analyses the features of informality and inclusion from the perspective of not just class but also the caste hierarchy in Indian society, thus offering readers an exhaustive overview of economic inclusion following the economic reforms and providing fresh insights into labour market informality through the lens of the social divisions in Indian society.

Analytical Framework

Developed on a wide canvas of multiple processes, policies, and factors that have contributed to this phenomenon, the book offers an elaborate analysis of contractualisation within the industry from the perspectives of labour legislation and the labour market. In addition, it contextualizes the issue of job informality for the post-economic reforms era, from 1991 onwards. It examines the impact of the policies of economic reform on contractualisation across industries and states. Further, the book discusses the dynamics of the labour market reforms in India, given that there is a higher incidence of labour informality in India. It also highlights how the policy quest for inclusive growth has remained unfulfilled.

Target Audience

This book will be a useful guide for advanced students, academic researchers, scholars and policy makers that are engaged with the issue of informal sector employment.

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