Advantages and disadvantage of organised sector
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advantages
i). Workers in the organized sector enjoy security of employment.
ii). They work only a fixed number of hours. If they work more, they have to be paid overtime by the employer.
iii). They also get several other benefits from the employers like paid leave, payment during holidays, provident fund, gratuity, etc.
iv). They also get medical benefits and, under the laws, the factory manager has to ensure facilities like drinking water and a safe working environment.
Not all organised sectors have difficulty. Retail industry is one of those which get effected.
1. The organized retail industry in India is faced with stiff competition from the unorganized sector.
2. There is a shortage of quality real estate and infrastructure requirements in our country.
3. Opposition to Foreign Direct Investment from small traders affects retail industry.
4. Very high stamp duties on transfer of property affects the industry.
5. Shortage of retail space in central and downtown locations also hinders the growth of retail industry.
6. Presence of strong Pro-tenancy laws makes it difficult to evict tenants and this is posing problems.
7. Land-use conversion is time consuming and becoming complex.
8. For settling property disputes, it consumes lot of time.
9. Rigid building laws makes procurement of retail space difficult.
10. Non residents are not allowed to own property except they are of Indian origin.
11. Prohibition of Foreign investment in real estate business.
12. Customs duties are levied on import of goods in India.
i). Workers in the organized sector enjoy security of employment.
ii). They work only a fixed number of hours. If they work more, they have to be paid overtime by the employer.
iii). They also get several other benefits from the employers like paid leave, payment during holidays, provident fund, gratuity, etc.
iv). They also get medical benefits and, under the laws, the factory manager has to ensure facilities like drinking water and a safe working environment.
Not all organised sectors have difficulty. Retail industry is one of those which get effected.
1. The organized retail industry in India is faced with stiff competition from the unorganized sector.
2. There is a shortage of quality real estate and infrastructure requirements in our country.
3. Opposition to Foreign Direct Investment from small traders affects retail industry.
4. Very high stamp duties on transfer of property affects the industry.
5. Shortage of retail space in central and downtown locations also hinders the growth of retail industry.
6. Presence of strong Pro-tenancy laws makes it difficult to evict tenants and this is posing problems.
7. Land-use conversion is time consuming and becoming complex.
8. For settling property disputes, it consumes lot of time.
9. Rigid building laws makes procurement of retail space difficult.
10. Non residents are not allowed to own property except they are of Indian origin.
11. Prohibition of Foreign investment in real estate business.
12. Customs duties are levied on import of goods in India.
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