Rising Tide of Self-Employment in India's Workforce
The Economic Survey 2024-25 highlights a significant rise in self-employment among India's workforce, increasing from 52.2% in 2017-18 to 58.4% in 2023-24. This trend reflects a growing inclination towards entrepreneurship and flexible work options, supported by government initiatives aimed at fostering independent economic activities.

- Country:
- India
According to the Economic Survey 2024-25, self-employment among India's workforce has surged from 52.2% in 2017-18 to 58.4% in 2023-24, indicating a strong shift towards entrepreneurial endeavors and flexible work formats.
Presented in Parliament as part of the pre-Budget discussions, the survey acknowledges India's healthy employment growth, driven by sustained economic development. It reveals a decline in casual workers from 24.9% to 19.8%, marking a trend towards more structured self-employment.
The survey highlights notable growth among rural women, with own account workers rising from 19% in 2017-18 to 31.2% in 2023-24, and a similar trend in urban zones, climbing from 23.7% to 28.5%. Such shifts are attributed to initiatives like Mudra Yojana and Skill India, which have been crucial in promoting entrepreneurship.
(With inputs from agencies.)
ALSO READ
South Africa's Path to Inclusive Economic Growth: Key Policy Actions for Sustainable Development
Housing Booms and Busts: How They Shape Economic Growth and Stability
Govt has managed Karnataka well fiscally by promoting economic growth in 2024-25: Governor.
Economic Growth vs. Inflation: Challenges Facing the Turkish Cypriot Economy
Africa’s Sports Economy Takes Center Stage: Summit Paves Way for Sports Industrialisation and Economic Growth