Way out of informality: facilitating formalisation of informal economy in South Asia

Large decent work deficits in the rapidly growing informal economy in the context of limited growth of formal sector employment is a major challenge for the constituents in South Asia in realizing decent work for all. The project intends to address the problem by facilitating formalization of informal businesses and workers, and discouraging informalization of the formal economy firms and jobs. It will facilitate a review of the policy and the regulatory incentives and disincentives of formalization/informalization, and promote a formal job growth through the application of a job-rich growth strategy and an integrated support to formalization in selected target areas. The information campaigns directed to target beneficiaries as well as the capacity building of the concerned government institutions and social partners are essential. Good practices and relevant tools will be shared through consultation workshops and web-based platforms. Detailed planning and implementation at the local level will be guided through a participatory dialogue process.

Project symbol

RAS/13/51/JPN

Admin unit

RO-Asia and the Pacific

Start date

13/11/2012

End date

30/06/2017

Total allocation

3637987

Total expenditure

Status

Closed

3637987

Development Partners

Japan, Ministry of Health, Labour and Welfare

Country/Countries

Asia and the Pacific - regional

Outcomes

Promoting sustainable enterprises