Way out of informality: Facilitating Formalisation of Informal Economy in South Asia

The informal economy in South Asia is estimated to stand at 80 to 90 percent of the labour force. These include wage labourers, self-employed persons, unpaid family labour, piece-rate workers, and other hired labour. The huge scale of vulnerable employment presents a challenge to stable and sustainable development. This sub-regional project contributes to employment policies that facilitate accelerated expansion of the formal sector. The project seeks to emphasize knowledge management so as to fill the large knowledge gap in policymaking and to embrace the proven ILO strategy of participatory dialogue.

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ক্ষুদ্র নির্মাণ প্রতিষ্ঠানের কর্মপরিবেশ উন্নয়ন (উইসকন) - চেকলিস্ট
উইসকন চেকলিস্ট: ক্ষুদ্র নির্মাণ প্রতিষ্ঠানের সেফটি ও কর্মপরিবেশ উন্নয়নের ক্ষেত্র চিহ্নিত করতে সহায়তা করবে
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Improving Working Practices and Decent Work in the Bangladesh Construction Industry

Key Strategic Partners

  • Ministry of Labour and Employment
  • Bangladesh Employers’ Federation
  • National Coordination Committee for Workers’ Education (Trade Unions)
  • Other Government and Non-Government Organizations

Objectives

The project is expected to contribute to the shift in growth and employment policies to those that facilitate accelerated expansion of formal sector, curb the growth of informal economy and reduce vulnerable employment.

Expected Outcomes

Outcome 1: The regulatory and policy environment in the target local areas made more conducive to formalization and protective to the risks of informalization.

Outcome 2: Formal job growth promoted through job-rich growth strategies and integrated formalization assistance in the target local areas.

Outcome 3: Good practices and tools of promoting formalization better understood by the constituents and key stakeholders at the national level in South Asia.