compare the organized and unorganised way of retailing prevailing in India
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Answer:
still as compare to other countries like USA, Japan and China, the unorganized sector is holding its dominating position over unorganized retail sector.
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There is a huge difference between the organized and unorganized sectors of retailing in India.
Explanation:
- The organized and unorganized sectors of retailing in India are like two poles.
- These are industries in the same line but having an entirely different way of functioning.
- While the organised sector of retail is properly managed and regulated by governmental rules, the unorganised sector is outside the ambit of governmental laws and their regulations.
- Moreover, organised retail provides rights to their workers whereas the same is not true with the unorganised sector.
- The organised sector is accounted while calculating the national income while the unorganised sector is not.
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