IDEAS home Printed from https://ideas.repec.org/h/spr/isbchp/978-981-96-4313-4_3.html
   My bibliography  Save this book chapter

The Unorganised Entrepreneurship: The Entrepreneur’s Role and Self-Employment

In: Entrepreneurship in India's Unorganized Sector

Author

Listed:
  • Jugal Kishor

    (Central University of Rajasthan)

  • Swati Sharma

    (Manipal University Jaipur)

Abstract

The unorganised sector of India’s economy grew quickly and made a substantial contribution. In the unorganised sector, formal activities contribute very little. The development of self-employment in an unorganised industry is driven by a variety of factors, including a high population, high unemployment rates, and an abundance of degree holders. The responsibilities of entrepreneurs and the difficulties faced by today’s youngsters who choose to work in the informal economy as self-employed are the agenda of this article. The article focuses on the current state of the unorganised sector, the importance of entrepreneurs in generating interest in self-employment, and the difficulties and obstacles that people have when deciding to work for themselves. A whopping around 50 crores of India’s workforce, including those in the unorganised and self-employed sectors, is based on data from the 2021 to 2022 Economic Survey. The unorganised workforce in India has been classified by the government's Ministry of Work according to factors including occupation, kind of job, distress level, and service provision. This article focuses on the role of entrepreneurs and the challenges faced by today’s youth while considering self-employment in unorganised industries. This text discusses the current situation in the unorganised sector, the status and role of entrepreneurs in generating interest in self-employment, as well as the challenges and obstacles encountered while choosing self-employment. The unorganised sector made a substantial contribution and saw fast growth in the Indian economy. The formal operations in the unorganised sector make a very little contribution. Factors such as a large population, high unemployment rates, and a significant number of individuals with degrees contribute to the production of self-employment opportunities in the unorganised sector. The Indian government established the “National Commission on Enterprises in the Unorganized/Informal Sector” on 20 September 2004, with the purpose of serving as an advisory body and overseeing the informal sector.

Suggested Citation

  • Jugal Kishor & Swati Sharma, 2025. "The Unorganised Entrepreneurship: The Entrepreneur’s Role and Self-Employment," India Studies in Business and Economics, in: Leo-Paul Dana & Naman Sharma (ed.), Entrepreneurship in India's Unorganized Sector, pages 29-43, Springer.
    • Handle: RePEc:spr:isbchp:978-981-96-4313-4_3
    DOI: 10.1007/978-981-96-4313-4_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:isbchp:978-981-96-4313-4_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.