Courtesy:- Malik Muhammad Ashraf Informal economies are considered a barrier to inclusive growth and exclude a majority of people from accessing opportunities of productive growth in the economic realm, depriving them of entitlement at work because of their informal status. In comparison, workers engaged in formal, registered, tax-compliant businesses and units are legally covered for social protection. The undocumented economy or the informal economy also hinders proper economic planning for socio-economic development.
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