• Competitive Pressure: Informal sector competes with formal sector due to low wages.
  • Labor Laws: Strict labor laws for formal enterprises incentivize subcontracting to informal sector.
  • Lack of Employment Opportunities: Formal sector does not create enough jobs.
  • Low Productivity: Informal units lack financial resources, technical expertise, professional management.
  • Compliance Burden: Many informal firms lack digital literacy, increasing operating costs for compliance.
  • Tax Evasion: Informal sector operates outside the tax net.