ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Social Security System and the Informal Sector in India

India's social security system, whose origin dates back to 1947, carries little for the workers in the informal sector. However, over the years, a large majority of the Indian workforce has joined the informal sector. Lack of social security to this section of workers is a serious question mark on the productivity of the entire Indian economy. This article reviews the concept of social security, as applicable to developing countries like India, in view of its growing informal workforce and makes an assessment of the available social security schemes for this category of workers.
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