difference between organised and unorganised sector
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Organised sector are also known as private sector it comes under government there are job securities for workers some examples for private sector Tata, builder group. Unorganised sector it is the backbone of our Indian economy there are no job securities for example local companies and small traders
RaoShabAhir:
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ORGANISED SECTOR:
1)terms of employment clear
2)registered under govt.
3)formal process and procedure
4)security of employment
5)exploitation minimum
6)more pay and facilities
7)retirement benefits
8)long term employment
UNORGANISED SECTOR:
1)terms of employment not clear
2)not registered under govt.
3)no formal process and procedure
4)no security
5)exploitation maximum
6)less pay and facilities
7)no retirement benefits
8)largely short term
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