Inclusion, access and accumulation: a study of informal enterprises in India

Abstract

This study examines the facets of SDG 8 by assessing the socio-economic access accessible to informal companies in India. The research is founded on the theory of access articulated by Ribot and Peluso (2003). It examines access to credit, institutions, technology, workforce, regional development, and access via social identities by Indian informal firms to assess the inclusive growth of small Indian businesses. We utilised data from the National Sample Survey Organisation (NSSO) regarding the economic characteristics of informal enterprises in India. The quantile regression model was the most effective instrument for analysing the impact of explanatory factors across various degrees of capital accumulation. Our findings indicate that access to capital, institutions, technology, labour, and regional development favourably impacts the growth of informal companies and fosters inclusive growth in India. Nonetheless, access through identities related to gender and social background remains a significant issue that necessitates a focused and comprehensive policy response.