Economy, asked by Skchourasia6986, 1 year ago

Difference between organised and unorganised labour market

Answers

Answered by ArjunReigns
8
Key Differences Between Organised and Unorganised Sector. ... Organised Sector is a sector where the employment terms are fixed and regular, and the employees get assured work. Unorganised sector is one where the employment terms are not fixed and regular, as well as the enterprises, are not registered with the government
Answered by pranjal6649
7
1. Organised sector is a sector where the employment terms are fixed and regular, and the employees get assured work . Unorganised sector is one where the employment terms are not fixed and regular ,as well as enterprises , are not registered with the government.
2. A number of acts apply to an organised sector like Factories Act, Bonus Act ,PF Act, Minimum Wages Act etc. whereas unorganised sector is not governed by any such act.
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