write a short note on informalisation of indian workforce?

Informalisation of workforce refers to the situation wherein there is a continuous decline in the percentage of workforce in the formal sector and a simultaneous rise in the percentage of workforce in the informal sector.

in India,the trend has been reversed as growth and development generally leads to a rise in the number of individuals employed in the formal sector and a fall in the number of individuals employed in the informal sector. Estimates reveal that nearly 93% of the workers in India are engaged in the informal sector, while only 7% are engaged in the formal sector. Some argue that this increase in the extent of informalisation is a result of the reforms of 1991 which transformed India from a socialist economy to a market economy.

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Informalization of workforce refer to a situatuon whereby the proportion of workforce in the informal sector to total workforce increases
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It refers to the increase of workforce in the informal sector or decrease of workforce in formal sector due to NEP 1991 or MNCs which shows fall in the GDP
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when the number of workers working in a formal sector and joins the informal sector die to some reason or without, the informal sector has more number of workers,this process is known as informalisation
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You don't need it anymore
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