Problems and Prospects of Home-Based Women Workers in Tamil Nadu

By : S. Chandrakumarmangalam , D. Arun Kumar

Page No: 96-106

Abstract
The entire economy of India is a combination of formal and informal economies in general. The share of informal economy compared to formal economy is much higher at the national as well as global level. According to International Labour Organization (ILO) 2002, the informal economy comprises informal categories of product and services and it has rapid growth globally which includes agriculture and non agriculture employment categories, non-standard or a typical work-self employed, part-time work and causal work. Informal economy is dualistic by nature, which is separated from the formal sector and complements the formal economy, though they are both interdependent. The general characteristics of informal economy are unregulated, unrecognized, unstructured and also subordinate and dependent feature of capitalist economy and globalization.

Authors : 
S. Chandrakumarmangalam : Associate Professor and Head Department of Management Studies, Anna University Regional Centre, Coimbatore.
D. Arun Kumar : Research Scholar (fulltime), Department of Management Studies, Anna University Regional Centre, Coimbatore.