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International Journal of Current Microbiology and Applied Sciences (IJCMAS)
IJCMAS is now DOI (CrossRef) registered Research Journal. The DOIs are assigned to all published IJCMAS Articles.
Index Copernicus ICI Journals Master List 2019 - IJCMAS--ICV 2019: 96.39 For more details click here
National Academy of Agricultural Sciences (NAAS) : NAAS Score: *5.38 (2020) [Effective from January 1, 2020]For more details click here

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National Academy of Agricultural Sciences (NAAS)
NAAS Score: *5.38 (2020)
[Effective from January 1, 2020]
For more details click here

ICV 2019: 96.39
Index Copernicus ICI Journals Master List 2019 - IJCMAS--ICV 2019: 96.39
For more details click here

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Original Research Articles

PRINT ISSN : 2319-7692
Online ISSN : 2319-7706
Issues : 12 per year
Publisher : Excellent Publishers
Email : editorijcmas@gmail.com / submit@ijcmas.com
Editor-in-chief: Dr.M.Prakash
Index Copernicus ICV 2018: 95.39
NAAS RATING 2020: 5.38

Int.J.Curr.Microbiol.App.Sci.2021.10(5): 587-593
DOI: https://doi.org/10.20546/ijcmas.2021.1005.066


Street Vendors an Informal Enterprise - A Socio Economic Overview
Kampasati Veeraiah*
Department of Political Science, Osmania University, Hyderabad, Telangana, India
*Corresponding author
Abstract:

A street vendor is an individual who deals with goods or services for transaction to the public without having a permanent set space but with a temporary or immobile structure or mobile stall. It includes an important basis of livelihood for nearly 2.5% of Indian population in urban and semi urban areas. They sell everything from fresh vegetables to prepared foods, building materials to garments and crafts. Their role in the urban and semi urban areas is expanding market opportunities and street vending is gaining an important role in the urban development. Inspite of playing an important role in informal sector they never gained proper recognition. The present study made an attempt to take a clear picture of present conditions of existing street vendors in urban areas of GHMC. The results revealed that highest percentage (74%) of street vendors belong to the age group between 31-40 years. Majority (68%) street vendors were having only secondary level of education ie. 10 th standard. Out of 50 street vendors(88 per cent) are having business as their family occupation and were married. Out of five types of street vendors fruit selling vendors are found to have highest (76%) membership in the CIGs (Common Interest groups) followed by chat vendors (72%) and mini meals vendors are the least (24%)to have membership in the CIGs. While coming to the part of loan accessibility fruit selling vendors are the most (46%) loan availed street vendors and mini meals vendors were least (16%) loan availed street vendors. Hence the study claims to focus on present position of street vendors to mitigate methodologies in view betterment of financial approaches to safeguard their livelihood and make this profession more profitable and respectable.


Keywords: Street vendors, Informal Enterprise, Socio Economic status
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How to cite this article:

Kampasati Veeraiah. 2021. Street Vendors an Informal Enterprise - A Socio Economic Overview.Int.J.Curr.Microbiol.App.Sci. 10(5): 587-593. doi: https://doi.org/10.20546/ijcmas.2021.1005.066