Abstract: Street Vending has been playing a significant role since inception of the business. It forms part of the informal economy. A large number of people have been depending on this business for their livelihood. It has been identified that in most of the metropolis in India the urban poor survive by working in the informal sector. The reasons being poverty and lack of employment in the rural areas and smaller towns. Thus there is a large increase in the hawker population in Indian metropolis. They provide a valuable service by supporting lot of industries as marketers of their goods. This particular study focuses on finding the evolution of street vending business, contribution of informal sector to GDP in various countries, organising of street vendors and evaluation of the national policy on street vending. This study has adopted exploratory and descriptive design, data was collected from secondary sources which composed of research articles published in journals and research reports published by various institutions. The findings have observed that there has been mushroom growth in the number of street vendors in the major Asian cities. Most of the governments across the world have not recognized street vending as a legal activity and they view these vendors as irritants to the city's development. It has been found that the contribution of informal sector to GDP is 29 percent for Latin America and 41 percent for Asia. It has been identified that Street vendors conduct their business with insecurity. Whenever eviction drives are conducted their wares are confiscated or destroyed. In order to overcome these restrictions street vendors organize themselves into unions that enable them to continue their activities. The government of India has formulated a national policy on street vendors in 2009.The study has bought out the highlights of this policy.
Keywords: Street vendor, informal sector, organising, self-employment.
Title: A STUDY ON THE ORGANIZING OF STREET HAWKING BUSINESS
Author: Dendukuri Indira
International Journal of Management and Commerce Innovations,
ISSN 2348-7585 (Online)
Research Publish Journals
