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DIGITAL TECHNOLOGY: BRIDGING THE DIGITAL DIVIDE

DIGITAL TECHNOLOGY: BRIDGING THE DIGITAL DIVIDE

Submitted by • September 23, 2020 emxcelsolutions.com

Digital technology plays a significant role in the Indian economy and the growth of the unorganized sector in India. The small entrepreneurs compose of a substantial share in this particular sector of India. This informal sector accounts for nearly 30-40% of the share, 99% of establishments and 80% of employment in the Indian economy. Economists and industrialists have always been unclear about the actual size of the unorganized sector. But it is known for a fact that a better part of the economy comes from this sector.

But what exactly is the unorganized or the informal market? The unorganized market majorly consists of unincorporated private enterprises owned by households or individuals, characterized as small scale business operations. Lack of proper technology usage and absence of brand value are key contributors to these enterprises. The informal sector has an important role to play in the national economy in terms of employment. Furthermore, it has a great significance and cont

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