Vol. 3, Issue 10 (2016)
Informal sector in urban economy: A case study of hawkers and street vendors
Author(s): Sourobh Roy, Dr. Pritirekha Daspattanayak
Abstract: Liberalization of economy has indeed opened up the opportunities for the whole world in various segments of the corporate sector. They provide valuable service to the society. The Informal Sector is an important sector for the development of Indian Economy. Rapid urbanization has been an integral part of the developing economies during past couple of decades. This process has motivated the rural people to come to the cities in search of employment. This rural-urban migration has made phenomenal increase in urban population and urban workforce as well. In most Indian cities, the urban poor survive by working in the Informal Sectors. The main thrust of the study is to examine the demographic and socio-economic profile of street vendors and hawkers in the college square area of Cuttack City. This study is mainly based on primary survey. A sample of 100 street vendor and hawkers has been collected with the help of a structured questionnaire and data has been collected by personal interview.