Prospects and Problems of Unorganised Retailing An Empirical Study on Unorganised Retailers in Visakhapatnam City

Abstract

Indian retailing is comprised of organised retailing and unorganised retailing. Both newlineorganised and unorganised retail make up the majority of the Indian retail market. newlineLicensed retailers who are registered for income tax, the goods and services tax, and newlineother taxes are considered to be engaged in organised retailing. These include the retail newlinechains and hypermarkets with corporate backing as well as the sizable privately held newlineretailers. On the other hand, unorganised retailing refers to the conventional low-cost newlineretailing forms, such as neighbourhood grocery stores, proprietor-operated general stores, newlineconvenience stores, hand cart and sidewalk sellers, family-run retail establishments, etc. newlineThis unorganised retail industry is not registered with the government, and the working newlineconditions are not regular and set. In the unorganised sector, no government laws and newlineregulations are observed. It is simple to start an unorganised retail business because there newlineis no need for registration or affiliation. As a result, no taxes are charged on these firms. newlineThis sector is made up of small businesses and workshops where there is no unproductive newlineor regular activity. Low-skilled firms are included in this sector. An unstructured business newline