India heavily relies on the informal economy, employing over 80 per cent of its workforce, despite rapid economic growth. In both traditional and formal sector, informality persists due to limited job opportunities. Contract labour and outsourcing fuel informal employment. Formalising the economy
A study by the Indian Institute of Human Settlements (IIHS) released last year found that domestic workers in Bengaluru and Chennai would have to work in six low-paying households to earn the state minimum wage.
India has witnessed increasing trend in deaths by suicide by economically vulnerable sections, including daily earners, self-employed persons and salaried professionals working in the private sector during a period of three years between 2019 and 2021, which coincided with the pandemic, according to
A large number of daily wage earners have committed suicide in the country during the last three years.In total, 32,563 such persons committed suicide in 2019, which increased to 42,004 in 2021, registering a rise of nearly 30 per cent in two .
Yadav said 66,912 housewives, 53,661 self-employed persons, 43,420 salaried persons and 43,385 unemployed persons also committed suicide during the period