Informal Economy.

An informal economy which comprises domestic workers can boost the crippling economy of Pakistan. It includes women's participation too, statistics show that the informal sector has employed over 200 million house-based workers of which 12 million are women.

How can the informal sector flourish the debt-ridden economy of Pakistan?

One, as most of the home-based workers are illiterate, poor and belong to lower-middle-class backgrounds, there should be training centres for them to teach and make them able to meet the ever-increasing challenges of modern markets. Ultimately, GDP growth will be increased and come under documentation and hundreds of billions in tax revenue collection can be achieved.

Two, good governance would become a helping hand in raising and...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT