Abstract:
Employment is the most important factor in the development of the local
economy. Street vendor sales are seen as self-contained, with minimal
investment, minimal staffing, and a solution to the unemployment problem.
The industry has been revamped for export garments and has increased the
income of the area. The main purpose of this event is to identify the
contribution of street vendors to the local equity economy of the Akkaraipattu
Municipal Council. The role of the street vendor is to identify the potential
benefits of the Municipal Council and the future plans of the industry. This
study has been carried out using numerical and qualitative research methods
using the first level data collection method. Data were collected through
Interviewing, observation, and discussion under the primary data collection
method and secondary data collection through texts, magazines, research
articles, municipal council data, and corporate news. The quantitative data
were analyzed using the simple statistical method. This is illustrated by
graphs, diagrams, and charts. The data will be analyzed using MS-Excel, a
computer software to analyze more data. The share of street vendors'
contributions to the Municipal Council increased by (0.44%), (0.48%),
(0.54%) in each of the years 2017, 2018, and 2019. The Municipal Council is
involved in its road map, reconstruction work, cleaning up other workshops
and cleaning the streets. It carries out tasks such as dumping bins, bundling its
bills, collecting and disposing of garbage and refueling garbage-collection
vehicles. Their contribution to the local social economy can be further
enhanced by formulating policies and concessions for state street vendors.
