The given image depicts the drift of the Indian workforce from the formal sector to the informal sector employment. This situation is popularly known as ‘informalisation of the workforce’.
In India, informal sector includes millions of farmers, agricultural labourers, non-farm casual wage labourers, owners of small enterprises and the self-employed people. The workforce in the informal sector does not get regular income; they do not have any protection or regulation from the government. Workers may be dismissed without any compensation/notice.
The Government is taking steps to safeguard the interests of the workers in the informal sector.
