differentiate between the organised and unorganised sector
Answers
ORGANISED
1. this sector is registered.
2. terms of employment are regular.
3.this sector follow various laws such as factors act , minimum wages act.
4.this sector includes banks hospital school.
UNORGANIZED
1. this sector is not registered
2. terms of employment are not regular
3.this sector not follow various laws
4. this sector includes small scale jobs
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.
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