Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Has India’s Informal Economy Really Shrunk? The Actual Story Is Different -Biswajit Dhar    </title>
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A recent SBI report, which states that the informal economy has declined, avoids even defining &lsquo;informal economy&rsquo;.

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A recent SBI report, which states that the informal economy has declined, avoids even defining &lsquo;informal economy&rsquo;.

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    <h1 class="cat-box-title">Has India’s Informal Economy Really Shrunk? The Actual Story Is Different -Biswajit Dhar</h1>
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		 Published on</span><span class="text-date"> Nov 6, 2021</span>
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                            <p style="text-align:justify">-TheQuint.com</p><p style="text-align:justify"><em>A <a href="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf" title="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf">recent SBI report</a>, which states that the informal economy has declined, avoids even defining &lsquo;informal economy&rsquo;.</em></p><p style="text-align:justify">A <a href="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf" title="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf">recent edition of &ldquo;Ecowrap</a>&rdquo;, a publication of the research team of the State Bank of India (SBI), has claimed that India&rsquo;s informal economy has sharply declined from 52.4 per cent in 2017-18 to between 15 and 20 per cent in 2020-21 in the three years since 2017-18. This finding by the SBI research team (SBIRT) makes India comparable to Europe in terms of the size of its informal economy.</p><p style="text-align:justify">The SBIRT estimates show that two sectors witnessed the sharpest declines in their shares of the informal economy, namely, construction and accommodation, food services and trade. In the former, the share of the informal economy declined from nearly 75 per cent in 2017-18 to between 35-40 per cent in 2020-21, while in the latter, the decline was even larger, from nearly 87 per cent to 40-45 per cent. The share of informal economy halved in real estate and ownership of dwellings, from 53 per cent to 25 per cent. Agriculture, in which the share of the informal economy was over 91 per cent in 2017-18, witnessed a decline of nearly 30 per cent, according to SBIRT.</p><p style="text-align:justify">Please <a href="https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&amp;utm_medium=Social&amp;utm_campaign=socialsharebuttons&amp;utm_content=5d237bd0-d62a-49b8-b26e-19b353921000_1636219020003&amp;fbclid=IwAR3bZ8qIlIudSk4tr3jDM0wdpEeAM1c8ahycZUtQQTrWqreFFHiDao7E3wk#read-more" title="https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&amp;utm_medium=Social&amp;utm_campaign=socialsharebuttons&amp;utm_content=5d237bd0-d62a-49b8-b26e-19b353921000_1636219020003&amp;fbclid=IwAR3bZ8qIlIudSk4tr3jDM0wdpEeAM1c8ahycZUtQQTrWqreFFHiDao7E3wk#read-more">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&utm_medium=Social&utm_campaign=socialsharebuttons&utm_content=5d237bd0-d62a-49b8-b26e-" class="re" target="_blank">TheQuint.com, 6 November, 2021, https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&utm_medium=Social&utm_campaign=socialsharebuttons&utm_content=5d237bd0-d62a-49b8-b26e-</a><div class="clear"></div>
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A recent SBI report, which states that the informal economy has declined, avoids even defining &lsquo;informal economy&rsquo;.

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A recent SBI report, which states that the informal economy has declined, avoids even defining &lsquo;informal economy&rsquo;.

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    <h1 class="cat-box-title">Has India’s Informal Economy Really Shrunk? The Actual Story Is Different -Biswajit Dhar</h1>
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                            <p style="text-align:justify">-TheQuint.com</p><p style="text-align:justify"><em>A <a href="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf" title="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf">recent SBI report</a>, which states that the informal economy has declined, avoids even defining &lsquo;informal economy&rsquo;.</em></p><p style="text-align:justify">A <a href="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf" title="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf">recent edition of &ldquo;Ecowrap</a>&rdquo;, a publication of the research team of the State Bank of India (SBI), has claimed that India&rsquo;s informal economy has sharply declined from 52.4 per cent in 2017-18 to between 15 and 20 per cent in 2020-21 in the three years since 2017-18. This finding by the SBI research team (SBIRT) makes India comparable to Europe in terms of the size of its informal economy.</p><p style="text-align:justify">The SBIRT estimates show that two sectors witnessed the sharpest declines in their shares of the informal economy, namely, construction and accommodation, food services and trade. In the former, the share of the informal economy declined from nearly 75 per cent in 2017-18 to between 35-40 per cent in 2020-21, while in the latter, the decline was even larger, from nearly 87 per cent to 40-45 per cent. The share of informal economy halved in real estate and ownership of dwellings, from 53 per cent to 25 per cent. Agriculture, in which the share of the informal economy was over 91 per cent in 2017-18, witnessed a decline of nearly 30 per cent, according to SBIRT.</p><p style="text-align:justify">Please <a href="https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&amp;utm_medium=Social&amp;utm_campaign=socialsharebuttons&amp;utm_content=5d237bd0-d62a-49b8-b26e-19b353921000_1636219020003&amp;fbclid=IwAR3bZ8qIlIudSk4tr3jDM0wdpEeAM1c8ahycZUtQQTrWqreFFHiDao7E3wk#read-more" title="https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&amp;utm_medium=Social&amp;utm_campaign=socialsharebuttons&amp;utm_content=5d237bd0-d62a-49b8-b26e-19b353921000_1636219020003&amp;fbclid=IwAR3bZ8qIlIudSk4tr3jDM0wdpEeAM1c8ahycZUtQQTrWqreFFHiDao7E3wk#read-more">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&utm_medium=Social&utm_campaign=socialsharebuttons&utm_content=5d237bd0-d62a-49b8-b26e-" class="re" target="_blank">TheQuint.com, 6 November, 2021, https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&utm_medium=Social&utm_campaign=socialsharebuttons&utm_content=5d237bd0-d62a-49b8-b26e-</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Has India’s Informal Economy Really Shrunk? The Actual Story Is Different -Biswajit Dhar    </title>
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A recent SBI report, which states that the informal economy has declined, avoids even defining &lsquo;informal economy&rsquo;.

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                            <p style="text-align:justify">-TheQuint.com</p><p style="text-align:justify"><em>A <a href="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf" title="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf">recent SBI report</a>, which states that the informal economy has declined, avoids even defining &lsquo;informal economy&rsquo;.</em></p><p style="text-align:justify">A <a href="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf" title="https://im4change.org/upload/files/SBI%20Ecowrap%20Informal%20Sector%201%20November%202021%281%29.pdf">recent edition of &ldquo;Ecowrap</a>&rdquo;, a publication of the research team of the State Bank of India (SBI), has claimed that India&rsquo;s informal economy has sharply declined from 52.4 per cent in 2017-18 to between 15 and 20 per cent in 2020-21 in the three years since 2017-18. This finding by the SBI research team (SBIRT) makes India comparable to Europe in terms of the size of its informal economy.</p><p style="text-align:justify">The SBIRT estimates show that two sectors witnessed the sharpest declines in their shares of the informal economy, namely, construction and accommodation, food services and trade. In the former, the share of the informal economy declined from nearly 75 per cent in 2017-18 to between 35-40 per cent in 2020-21, while in the latter, the decline was even larger, from nearly 87 per cent to 40-45 per cent. The share of informal economy halved in real estate and ownership of dwellings, from 53 per cent to 25 per cent. Agriculture, in which the share of the informal economy was over 91 per cent in 2017-18, witnessed a decline of nearly 30 per cent, according to SBIRT.</p><p style="text-align:justify">Please <a href="https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&amp;utm_medium=Social&amp;utm_campaign=socialsharebuttons&amp;utm_content=5d237bd0-d62a-49b8-b26e-19b353921000_1636219020003&amp;fbclid=IwAR3bZ8qIlIudSk4tr3jDM0wdpEeAM1c8ahycZUtQQTrWqreFFHiDao7E3wk#read-more" title="https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&amp;utm_medium=Social&amp;utm_campaign=socialsharebuttons&amp;utm_content=5d237bd0-d62a-49b8-b26e-19b353921000_1636219020003&amp;fbclid=IwAR3bZ8qIlIudSk4tr3jDM0wdpEeAM1c8ahycZUtQQTrWqreFFHiDao7E3wk#read-more">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&utm_medium=Social&utm_campaign=socialsharebuttons&utm_content=5d237bd0-d62a-49b8-b26e-" class="re" target="_blank">TheQuint.com, 6 November, 2021, https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&utm_medium=Social&utm_campaign=socialsharebuttons&utm_content=5d237bd0-d62a-49b8-b26e-</a><div class="clear"></div>
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Has India’s Informal Economy Really Shrunk? The Actual Story Is Different -Biswajit Dhar

Published on Nov 6, 2021   Modified on Nov 7, 2021

-TheQuint.com A recent SBI report, which states that the informal economy has declined, avoids even defining ‘informal economy’. A recent edition of “Ecowrap”, a publication of the research team of the State Bank of India (SBI), has claimed that India’s informal economy has sharply declined from 52.4 per cent in 2017-18 to between 15 and 20 per cent in 2020-21 in the three years since 2017-18. This finding by the SBI research team (SBIRT) makes India comparable to Europe in terms of the size of its informal economy. The SBIRT estimates show that two sectors witnessed the sharpest declines in their shares of the informal economy, namely, construction and accommodation, food services and trade. In the former, the share of the informal economy declined from nearly 75 per cent in 2017-18 to between 35-40 per cent in 2020-21, while in the latter, the decline was even larger, from nearly 87 per cent to 40-45 per cent. The share of informal economy halved in real estate and ownership of dwellings, from 53 per cent to 25 per cent. Agriculture, in which the share of the informal economy was over 91 per cent in 2017-18, witnessed a decline of nearly 30 per cent, according to SBIRT. Please click here to read more.

TheQuint.com, 6 November, 2021, https://www.thequint.com/voices/opinion/indias-informal-economy-may-be-shrinking-but-the-real-story-is-different?utm_source=Facebook_WEB&utm_medium=Social&utm_campaign=socialsharebuttons&utm_content=5d237bd0-d62a-49b8-b26e-

Tagged with: Informal Economy Informal Sector Informal Sector Employment Gig Workers Gig Economy Platform workers Delivery workers App-based transport workers App-based delivery workers

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