Street Vending as an Alternative to Self-employment and a Way to Income Generation in Bangladesh

Abstract

This study aimed at visualizing the role of the street vendors as a way to self-employment and income generation in Bangladesh. It was based on the survey of 152 street vendors in different areas of Dhaka. It administered a well structured questionnaire to collect the primary information and to picture the overall street vending scenario in order to show the contribution of the street vendors in self-employment and income generation of Bangladesh. The findings of the study showed that the street vendors are playing a significant role in the economic development of the country through creating the self-employment opportunities, income generation and saving a specific portion from among their income. Since for this street vending, both the vendors and the local community faced several problems the paper finally suggested that, a well management and formalization system of street vending can enrich the overall street vending scenario of the city and can bring a good prospect for the economy. Keywords: Street vendors, street vending, street vending scenario, social status