The European Commission’s (EC) thematic programme called as ‘Investing in People’ has been developed with a broader aim of reducing poverty and working towards the achievement of the Millennium Development Goals (MDGs). There are several components and themes under this programme to address various … [Read more...] about Grant Support for Social Inclusion and Social Protection of Informal Economy Workers and Vulnerable Groups…1
Grant Support for Social Inclusion and Social Protection of Informal Economy Workers and Vulnerable Groups…2
Under this 2009-2010 call for proposals, the European Commission is considering to provide grant support for actions relevant for providing social protection to informal economy workers and vulnerable groups. Earlier, the EC made financial allocations for evaluating social policies on social … [Read more...] about Grant Support for Social Inclusion and Social Protection of Informal Economy Workers and Vulnerable Groups…2
Grant Support for Social Inclusion and Social Protection of Informal Economy Workers and Vulnerable Groups…3
Proposals can be submitted under this call for proposals to the EC for projects addressing the social protection needs of the informal workers and most vulnerable groups such as elderly people, people with disabilities, children, ethnic minorities, and migrants. Proposal guidelines list out some … [Read more...] about Grant Support for Social Inclusion and Social Protection of Informal Economy Workers and Vulnerable Groups…3
Grant Support for Social Inclusion and Social Protection of Informal Economy Workers and Vulnerable Groups…4
The minimum and maximum amounts proposed under this call for proposals are €500,000 and €2,000,000. The EC will support up to 80% of the total costs of the project for local organizations but for international agencies, the grant will not exceed more than 50% of the total costs. The EC encourages … [Read more...] about Grant Support for Social Inclusion and Social Protection of Informal Economy Workers and Vulnerable Groups…4
Specific characteristics of the formal economy and informal economy
The formal economy: (1) has an organised system of employment with clear written rules of recruitment, agreement and job responsibilities. (2) has a standardised relationship between the employer and the employee is maintained through a formal contract. (3) the employee is expected to … [Read more...] about Specific characteristics of the formal economy and informal economy
What is the difference between formal economy and informal economy?
Mr. ABC gets a job at a software company. His letter of appointment is enclosed with a contract explaining his job responsibilities. He gets a fixed salary in addition to incentives based upon his qualifications and experience. He works in an organized environment where his colleagues enjoy similar … [Read more...] about What is the difference between formal economy and informal economy?
What is Informal Economy?
The term, “Informal Economy” was first used by Keith Hart (Informal Income Opportunities and Urban Employment in Ghana” in Journal of Modern African Studies) during the 1970s to describe the temporary economic strategies adopted by migrant workers in Ghana. Over time, various definitions have come … [Read more...] about What is Informal Economy?
European Funding for building Skills and increasing Employment in Low-Income Countries
Under the 'Investing in People: Education; Knowledge and Skills,' the European Commission (EC) has issued a call for proposals for “Developing Technical and Vocational Education and Training Methodologies and Services for the Informal Economy.” EC’s Technical and vocational education and training … [Read more...] about European Funding for building Skills and increasing Employment in Low-Income Countries
