ABSTRACT

The incidence of self-employment (most of it highly fragile and vulnerable) has actu-

ally increased as a proportion of non-agricultural work, and the only reason for its overall

stagnation is the decline in agricultural employment, particularly in the number of women

workers self-employed in agriculture. Meanwhile, the share of the informal sector in GDP

has fallen quite sharply during this period of high growth. Indeed, the recent period of

most rapid acceleration of national income (NNP) was also the period of sharpest fall in

the share of unorganised incomes (Figure 5). Thus, while the formal organised sector has

substantially increased its share of national income, it has done so without drawing in

more workers in the standard Lewisian trajectory.