India's self-employed

The quality of jobs needs to improve

The widespread adoption of digitisation, implementation of goods and services tax, advancements in technology in general, and a better performance of the corporate sector in recent times suggest that the Indian economy is getting formalised. However, this formalisation in terms of production is not resulting in an increase in formal employment. The structure of the labour market in India is skewed towards self-employment, which keeps earnings depressed. Self-employment often becomes a fallback option for workers who are unable to find work but cannot afford to exit the workforce. According to the recently released Annual Periodic Labour Force Survey (PLFS), India