Vol. 9, Issue 12, Part D (2023)

Abstract
Street vendors have an important role in the urban informal economy in terms of generating more employment. It encompasses large number of people due to low level of financial investment, easy access to entry, low education and low skill oriented etc. Street vendors support both urban poor as well as the rich people because they provide platform for easily accessible market and inexpensive shopping experience for people. Consumers prefer street vendors because they provide services at convenient places such as outside the Government institution, railway station, bus stand, Historical monuments etc. Even though they are the indispensable section in the society, they are facing so many problems in order to compete with the formal sector. Almost all street vendors are doing their business independently and majority of them are struggling to survive because their daily income is less than Rs. 500 and have large competition in this field. This paper tries to examine socio-economic and health conditions of street vendors in their business life. Street trade also adds vibrancy to urban life and in many places is considered a cornerstone of historical and cultural heritage. In this study, the researchers evaluated the problems faced by street vendors in their workplace and the prospects needed to get facilitated. The researcher’s selected 110 respondents from India by adopting convenient sampling form selected areas of India and the study is descriptive in nature. Interview method was used to collect data. This study aims to find out the problems faced by the street vendors and prospects needed, in order to protect their rights and do their street vending business. The paper provides spatial solutions for policy measures for regulating these informal entrepreneurs.