Issues and Difficulties Encountered by Unorganized Sectors: An Indian Perspective

Abstract

"The unorganized sector of the economy encompasses household-based production processes as well as modest and minor sectors of industry. An unstructured sector refers to an economic sector characterized by a lack of consistency in terms of profits or gains. The manufacture of this item is restricted and it can only be produced to a specific geographical location. It necessitates a reduced workforce and capital expenditure. In the unorganised sector of the Indian economy, one can see arts and crafts, artisan jobs, khadi and rural sectors, including the handcrafted industry, beehive honey production, incense stick manufacturing, handmade paper creation, and matchbox businesses. The Indian government established the National Commission for Enterprises in the Unorganised Sector (NCEUS) to act as a hub for resources for the unorganised sector. The primary goal is to improve the efficiency of small enterprises to provide a substantial amount of sustainable employment opportunities, particularly in rural regions. The Indian government has enacted laws and initiatives to support the growth of informal companies and enhance the welfare of workers in these industries. The Unorganised Workers Social Security Act of 2008 and the Unorganised Workers Social Security Rule of 2008, the Aam Admi Bheema Yojana, and the Rastriya Swasthya Bheema Yojana are the important aspects of this paper."