Associate Professor, Ideal Institute of Management and Technology & School of Law, (GGSIPU), Delhi
Online published on 4 February, 2017.
Indian street vendors would need 350 million years to earn the wealth of the supermarket's owners. Street vending is a part of the informal work, which is a universal trend. The market of street vendors does not possess proper education and skills to find secure employment in the organized sector. The factors involve for growing this trend are low investment, high profit, no procedural steps either to start or exit, cross-border and rural urban migration, unemployment and poverty in rural areas etc. Street vendors include all those selling goods or services in public places with a temporary built up structure. In developing countries, millions of people depend on street vendors for their daily requirement as the goods are more economical than those available in the formal sector.
Through this paper, an endeavor has been made to examine legal and social perspectives of street vending along with the rights and duties of these vendors.
This research paper explores the need for protection in the unorganized sector of street vending and tries to elucidate the extent to which the legislation has been successful in protecting the needs of these vendors.