Labour market dichotomy: An analysis of post-liberalization period

Despite decades of planning, dichotomy of labour market has been one of the salient features of economic development in India. But, it is considered to be a transitory phenomenon in the long run process of economic development. Indian economy has been undergoing liberalisation since 1991. In this context this paper seeks to throw light on the dichotomy of labour market in post-liberalistion period. The paper also analyses the determinants of employment in the informal sector.