Formalisation of workforce, facilitating job creation and ensuring social security benefit remains a challenge, says Economic Survey 2023-24

The Economic Survey 2023-24, presented by finance minister Nirmala Sitharaman in Parliament, highlighted the positive transformation in India's employment situation over the last decade. Despite this progress, challenges persist in formalising the workforce, creating jobs for those shifting from agriculture, and ensuring social security for regular wage and salaried workers.