Who collects the information relating to employment in the formal sector of the country?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Union Ministry of Labour
Data on formal sector employment are collected by the Union Ministry of Labour, through employment exchanges in different parts of the country.
NCERT (2026-27): “Box 6.1: Formal Sector Employment The information relating to employment in the formal sector is collected by the Union Ministry of Labour through employment exchanges located in different parts of the country. … In 2012, out of about 30 million formal sector workers, about 18 million workers were employed by the public sector. Here also men form the majority, as women constitute only about one-sixth of the formal sector workforce. Economists point out that the reform process initiated in the early 1990s resulted in a decline in the number of workers employed in the formal sector. …” |