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The Economic Times

Business / The Economic Times

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Govt plans study to assess impact of formalisation on workers

The government has ordered a study to assess whether rapid formalisation and digitisation are generating durable income and jobs for informal workers. Led by EPFO, the review will guide corrective policies to ensure inclusive growth, as over 90% of Indias workforce remains informal despite rising payroll additions and digital adoption.

24 Feb 2026 12:21 am