Is "Formalisation" Possible?*

Oct 23rd 2018, C.P. Chandrasekhar and Jayati Ghosh

The clamour for 'formalising' non-agricultural economic activity assumes that the unorganised sector is an early and backward 'stage' in the organisation of economic activity. In practice the unorganised sector exists because organised employment fails to grow.

This article was originally published in the Business Line on October 23, 2018.

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