Question
Consider the following statements regarding the informal
workforce in India: I. Around 91% of Indiaās workforce is engaged in the informal sector. II. Workers in the informal sector generally lack access to social security benefits. III. In the next two decades, India will be a young society with a large working-age population. Which of the statements given above is/are correct?Solution
Around 91% of India's workforce is employed in the informal sector and lacks access to social security. However, India is expected to become an ageing society in the next two decades, not a young society.
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