Question

Difference between informal and unorganised sector

Answer 1

Kya question puchna chahate ho i think organised sector and unorgainsed sector ke difference chahea !!??

Right ??

Answer 2

Hey Mate...
The real Question is what is the difference between Organized sector and Unorganized sector.

The answer is.:-
Organised sector
(i)The sector is registered by the government.
(ii) The terms of employment are regular.
(iii) The sector is governed by various laws such as the Factories Act, Minimum Wages Act, etc.
(iv) This sector includes banks, hospitals, schools, etc.

Unorganised sector
(i) The sector is not registered by the government.
(ii) The terms of employment are not regular.
(iii) The sector is not governed by any act.
(iv) This sector includes a large number of people who are employed on their own doing small jobs, etc.

Hope it will help you..
All the Best