Sentences with phrase «informal sector»

The phrase "informal sector" refers to all the economic activities that happen outside of the government's control and are not regulated by the official laws or rules. People in the informal sector usually work in small businesses or as street vendors, and they often earn money through daily or weekly transactions instead of having formal contracts or fixed salaries. Full definition
Meanwhile, officials say the contribution of informal sector operators to total tax revenue is insignificant.
Potentials for adaptation to climate change in informal sectors in developing countries depend largely on the context: e.g., the impacts involved, the sensitivity of the industrial activity to those impacts, and the resources available for coping.
This offers huge potential for reducing other taxes or strengthening revenue bases in countries where large informal sector constrains broader fiscal instruments.
RSBY was initially created to target only BPL households, but was recently improved to cover a number of non-BPL categories of informal sector workers, including street vendors, domestic workers, beedi workers, building and construction workers, and most importantly, those who have worked for more than 15 days under MGNREGS.
This was governor Akinwunmi Ambode pledged to partner with the institute to boost informal sector.
This offers huge potential for reducing other taxes or strengthening revenue bases in countries where large informal sector constrains broader fiscal instruments.
Vice President Bawumia challenged the financial institutions, the telcos and the Fintechs to find very innovative ways of turning mobile phones and the mobile money platform into vehicles of economic emancipation for the many players in the huge informal sector.
This figure is not complete as there are many more in both the formal and informal sectors who are yet to be captured,» he said.
The governor noted that no economy can develop and prosper without relevant skills, vibrant informal sector and industrialization which requires thriving entrepreneurship as well as skilled engineers and scientists.
Such enterprises are often overlooked by informal sector programmes and more attention is needed for provision of training, management assistance, credit and marketing information to these micro - and small entrepreneurs.
Vice President Dr. Mahamudu Bawumia has predicted that fortunes of the local economy could be transformed completely if the potential of mobile money is fully exploited and the large informal sector that relies on the service is roped into the formal economy.
When considering frontier markets, businesses should never underestimate the competition from these economies» informal sectors.
The National Skill Development Mission has trained a lot of young employees in different sectors, and is grooming individuals in the informal sector to improve their employability and livelihood.
With unemployment the informal sector increases almost in all countries.
«In developing countries, growth without job creation means long working hours combined with very low pay for hundreds of millions of persons employed in low productivity jobs in agriculture or the informal sector
Number four, strengthen, facilitate and showcase supportive practices that enable women working in the informal sector to breastfeed.
strengthen, facilitate and showcase supportive practices that enable women working in the informal sector to breastfeed.
And workplace accommodations to support continued breastfeeding simply don't exist in much of the world, let alone protections for poor women working in the informal sector, such as domestic work or street vending.
Women in the unorganized and informal sector, which form 90 % of the working women, are neglected on maternity protection by 77 % (64) countries.
With the World Breastfeeding Week 2015 campaign, WABA and its partners at global, regional and national levels aim to empower and support all women, working in both the formal and informal sectors, to adequately combine work with childrearing, particularly breastfeeding.
Enact paid family leave and workplace breastfeeding policies, building on the International Labour Organization's maternity protection guidelines as a minimum requirement, including provisions for the informal sector.
I have less access to education, healthcare facilities are far from me or are inadequate and I have a high likelihood of being employed in the informal sector or not employed at all.
«I congratulate the entire workforce in Oyo State including those in the private and informal sectors.
The precariat encompasses the informal sector workers in developing countries but also those on zero hour contracts and other forms of insecure work in Europe or Japan.
The VAT, most importantly, captured the informal sector, which largely did not pay direct taxes, into the tax fold; once you consumed a taxable good, you were indirectly contributing to the national tax pot.
Even the informal sector which for so long provided a cushion for victims of war and economic collapse has reached its limits.
The Lagos State Government has concluded plans to launch a compendium of registered artisans in the State to scale up the informal sector with the overall objective of increasing job opportunities and growing the Gross Domestic Product (GDP) of the State.
Al - Makura said the budget would help in creating conducive environment for participation of the informal sector in income generation and sustainable productivity as well as provide employment opportunity for the youth.
We maintain that it is only when the people of Ghana, including workers in both formal and informal sectors of the economy, are sure of a reliable supply of power and water that they can be convinced to pay higher tariffs.
He is, therefore, expecting the government to get the informal sector to start paying individual taxes, enforce evidence of tax payment on property registration, for example, vehicle registration, company registration, land title registration and increase taxes across board especially property taxes.
Governor Ahmed also encouraged them to concentrate more efforts in mobilizing the informal sector for compliance with tax regulations.
That a clear and simplified policy framework to help grow and migrate the informal sectors into the formal is urgently required.
In the informal sector, Mr Mubarak said about 70 million seedlings will be distributed from next year to cocoa and coffee farmers to support those who want «do something on their own.»
He said the private sector should be at the forefront of employing the millions of people in the formal and informal sectors of the economy, noting that the conducive environment needed for businesses to thrive are being created.
The Governor, during the symbolic presentation of N20million cheques to beneficiaries at the Banquet hall, Ilorin said his administration has prioritized the informal sector as a major driver of economic activities.
We explain out to our traders in the informal sectors that these same taxes are used for social good like road network, portable water and electricity network.
The Governor said the approach of his administration is to strengthen the informal sector, which is: the Micro, Small and Medium Enterprises (MSME) under which micro-credit funds are disbursed via micro finance banks to qualifying cooperative groups.
Lawal disclosed that the project would create 3,590 direct jobs and 7,000 indirect jobs for Lagosians in the informal sector, adding that the investors was committing over N10bn to the project.
The President said 1,550 students had been awarded bursaries for courses in Technical and Vocational Skills Training programmes, while 2000 others had been awarded bursaries to complete their apprentice courses in the informal sector.
Over the years, the GMI list has consisted of people from both formal and informal sectors, ranging from entrepreneurs, politicians, musicians, sports personalities, religious leaders and several others.
He is, therefore, expecting the government to get the informal sector to start paying individual taxes, enforce evidence of tax payment on property registration, for example, vehicle registration, company registration, land title registration and increase taxes across the board especially property taxes.
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