How Can Boost the Formalization of the Informal Sector in Rural India: Insight by Mr. Maya
India’s ambitious goal of becoming a $5 trillion economy in the upcoming years has captured the world’s imagination. To achieve this monumental feat, however, the nation must tap into the formalization of the informal sector in rural India’s economy, which constitutes roughly 39.1% of GDP at PPP levels and employs nearly 80% of the workforce. […]