• Dr.D. Indira

Street vending is as old as the business is. It has been playing a significant role since the inception of the business. It forms part of the informal economy. A large number of people have depended on this business for their livelihood. Street vending, by nature, is accessible to customers a few steps away from their houses. The customers get their daily requirements to their doorstep at an affordable price. It was believed that the informal economy in developing countries would disappear once they achieved sufficient economic growth. The informal economy can no longer be considered a temporary phenomenon. It has been observed that the informal economy continues to grow as long as increased employment levels and income do not accompany economic growth. Estimates show that the non-agricultural employment share of the informal workforce is 78 percent in Africa, 57 percent in Latin America, and 45–85 percent in Asia. The informal economy has a substantial job and income generation potential. The size of the informal labor force in Africa is almost 80 percent and is also responsible for over 90 percent of the new jobs created. The informal workforce in India is estimated at 370 million workers, nearly 93 percent of the total workforce.

Status of Micro-Entrepreneurs in Twin Cities of Hyderabad

"Status of Micro-Entrepreneurs in Twin Cities of Hyderabad", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.2, Issue 5, page no.976-990, May 2015, Available :http://www.jetir.org/papers/JETIR1701840.pdf

"Status of Micro-Entrepreneurs in Twin Cities of Hyderabad", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.2, Issue 5, page no. pp976-990, May 2015, Available at : http://www.jetir.org/papers/JETIR1701840.pdf