Formalize India's Unorganized Workforce: ISF Urges Govt
By Rediff Money Desk, New Delhi May 23, 2024 17:41
The Indian Staffing Federation (ISF) calls for formalizing India's vast informal workforce, which comprises nearly 85% of the country's workforce and contributes significantly to GDP.
New Delhi, May 23 (PTI) Industry body ISF has urged the government to formalise close to 40 crore informal workforce in the country.
In a statement, the Indian Staffing Federation (ISF) also said India's almost 85 per cent informal workforce generates more than half of the country's GDP.
It requires a structural shift towards formal employment, the ISF said.
"A vision paper of ISF urges for the formalisation of a vast informal workforce of over 400 million in the country, which could be driven through organised staffing companies," it added.
In a statement, the Indian Staffing Federation (ISF) also said India's almost 85 per cent informal workforce generates more than half of the country's GDP.
It requires a structural shift towards formal employment, the ISF said.
"A vision paper of ISF urges for the formalisation of a vast informal workforce of over 400 million in the country, which could be driven through organised staffing companies," it added.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.54 (+ 3.85)
- 22120199
- Vodafone Idea L
- 8.29 (+ 2.73)
- 21371159
- Spright Agro
- 6.17 ( -4.78)
- 15758392
- Dish TV India Ltd.
- 6.92 (+ 0.58)
- 11540876
- G G Engineering
- 1.07 (+ 2.88)
- 11298726
MORE NEWS
REA India Appoints Abhishek Makkar as CTO |...
REA India, parent company of Housing.com and PropTiger, appoints Abhishek Makkar as...

JSW MG Motor: Halol Plant Expansion, Windsor...
JSW MG Motor India is increasing production capacity at its Halol plant to meet demand...
Arkade Developers Targets Rs 740cr from Mumbai...
Arkade Developers secures redevelopment rights for a housing society in Mumbai, aiming...