As the labour force is starting to diminish, maintaining sustained and reasonably strong economic growth will be increasingly difficult. This underscores the necessity of paying a lot of attention to labour productivity: in the emerging area of a declining labour force, productivity increases are emerging as the only source of economic growth.
They take up non-contractual and non-permanent jobs of vendors, porters, hawkers, construction workers, domestic workers, rickshaw pullers, etc. These people need fast, low cost, convenient and safe avenues of savings, credit and remittances to meet their needs.