Year: 2021 | Month: March | Volume 66 | Issue 1
Comparison of Employment Generation in Organized and Unorganized Markets of Kolkata City
S. Sinha
Md. H. Ali
DOI:10.46852/0424-2513.1.2021.20
Abstract:
Retailing is defined as a set of activities involved in the selling of a product or service to definite customers ranging from vehicles to clothing to feast at restaurants to film tickets. Somayajulu et al. (2002) found several hurdles hampering the growth of organized retail in India. These hurdles included high intermediation, high supply chain costs, insufficient supply chain infrastructure, inflexible labor laws, multiple licensing requirements, etc. Retailers along these lines attempt different business exercises and perform capacities, for example, arranging, holding stock, and so on, that increase the value of the contributions they make to the objective sections. The retail industry is divided into two parts- Organized Retail Sector and Unorganized Sector. The research study intends to analyze the volume and nature of employment generated between organized and unorganized sectors of Kolkata. The study reveals that unorganized sector retailers did experience a slight decline in their volume of business and profit in the initial years after the entry of large organized retailers, but there was no evidence of a decline in overall employment in the unorganized sector as a result of the entry of organized retailers and hence none of the retailers would like to change their existing business in spite of having sufficient resources for changing business because all of them do not find any reason to change business.
Highlights
- The unorganized sector retailers did experience a slight decline in their volume of business and profit in the initial years after the entry of large organized retailers, but none of the retailers would like to change their existing business in spite of having sufficient resources for changing business, because all of them do not find any reason to change business.
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