Calculation puts the value added and employment share of the informal sector outside agriculture at 6% and 19% respectively
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 lakh crore in nominal terms, a government report said on Friday.
A vendor sells onions at a wholesale vegetable market in Prayagraj, Uttar Pradesh, India. (AP)