A street vendor in Pakistan earns monthly Rs. 114,708 on average, of which 29 percent is profit, according to a study.
This was revealed in a study titled “Revitalization of Street Economy in Pakistan. According to the study, the formal market also gets a positive spillover effect from the traffic attracted by the street vendors. It recommended that strong linkages are necessary for substantial gains.
In his research, Dr. Shah highlighted that khokas (small vendor shops) are very essential to the informal economy in Pakistan. “Khokas are key segments of the informal economy in Pakistan, as they provide jobs to many people and facilitate consumers in doing various types of transactions,” Dr. Shah said.
A street vendor in Pakistan earns monthly Rs. 114,708 on average, of which 29 percent is profit, according to a study. This was revealed in a study titled “Revitalization of Street Economy in Pakistan. According to the study, the formal market also gets a positive spillover effect from the traffic attracted by the street vendors. It recommended that strong linkages are necessary for substantial gains. In his research, Dr. Shah highlighted that khokas (small vendor shops) are very essential to the informal economy in Pakistan. “Khokas are key segments of the informal economy in Pakistan, as they provide jobs to many people and facilitate consumers in doing various types of transactions,” Dr. Shah said.
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