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Out of the Shadows?: The Informal Sector in Post-reform India

Author

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  • Raj S.N., Rajesh

    (Assistant Professor, Department of Economics, Sikkim University, India)

Abstract

An important feature of the recent process of structural transformation in developing countries has been that the informal sector has remained an important element of manufacturing activity. In spite of rapid rates of economic growth since the 1991 reforms, the informal sector has been a persistent phenomenon in India, leading to significant policy concerns on the lack of inclusivity of economic growth. This book assesses how informal manufacturing firms have responded to the context of economic liberalization in India. It takes a novel approach to the study of informality, by viewing it through a 'production' lens and making enterprise performance the centre-piece of the analysis of informality. The book studies the determinants of enterprise growth and performance along the entire 'continuum' of the informal sector, from micro household enterprises to larger enterprises in the informal sector employing wage labour. The strength of the book is the systematic examination of the various aspects of informality in the Indian manufacturing sector using rich firm-level data from large nationally representative surveys spanning two decades of reforms The book argues that concerted government action is needed to allow the informal sector to participate more fully in India's economic growth.

Suggested Citation

  • Raj S.N., Rajesh, 2016. "Out of the Shadows?: The Informal Sector in Post-reform India," OUP Catalogue, Oxford University Press, number 9780199460847.
    • Handle: RePEc:oxp:obooks:9780199460847
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    Cited by:

    1. Shashwati Banerjee & Kishor Goswami, 2020. "Self-employed or Paid Employed: Who can Earn more among the Slum Dwellers and Why?," Progress in Development Studies, , vol. 20(1), pages 7-25, January.
    2. Kasturi Sadhu & Saumya Chakrabarti, 2021. "Neo-Dualism: Accumulation, Distress, and Proliferation of a Fissured Informality," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(4), pages 694-724, December.
    3. Surbhi Kesar & Snehashish Bhattacharya, 2020. "Dualism and Structural Transformation: The Informal Manufacturing Sector in India," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(3), pages 560-586, July.
    4. Snehashish Bhattacharya & Surbhi Kesar, 2018. "Possibilities of Transformation: The Informal Sector in India," Review of Radical Political Economics, Union for Radical Political Economics, vol. 50(4), pages 727-735, December.

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