India, a land of vibrant culture and entrepreneurial spirit, thrives on the ingenuity and resourcefulness of its people. Amidst the bustling streets and urban landscapes, there lies a significant yet often overlooked segment of the economy – home-based enterprises. These businesses, operated from the comfort of one's home or nearby premises, constitute a crucial component of India's economic fabric, contributing to employment, productivity, and overall economic growth. 1. Evolution of Home-Based Workforce Over the past few decades, the landscape of home-based enterprises in India has witnessed both growth and flux. According to data sourced from the National Sample Survey, the number of home-based workers stood at approximately 47.14 million in 2004-05. This figure saw a modest increase to 49.20 million by 2011-12. However, a noticeable decline was observed in 2017-18, with the estimated count dropping to 41.85 million. Despite this fluctuation, home-based work consis
Access to affordable housing is a fundamental right and a critical aspect of social welfare. Recognizing this, the Indian government has implemented several housing programs to address the housing needs of the underprivileged sections of society. These government-backed initiatives aim to provide affordable housing, improve living conditions, and foster inclusive urban and rural development. In this blog, we will explore some of the key housing programs in India and their impact on the lives of people. Pradhan Mantri Awas Yojana (PMAY) Launched in 2015, PMAY is a flagship housing scheme that focuses on providing affordable housing solutions to both urban and rural populations. The program has two components: PMAY-U for urban areas and PMAY-G for rural areas. PMAY offers financial assistance in the form of interest subsidies and subsidies on home loan insurance to eligible beneficiaries. Through this program, the government aims to construct millions of affordable houses by 20