explain orgainsed sectors
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Definition of Organised Sector. The sector, which is registered with the government is called an organised sector. In this sector, people get assured work, and the employment terms are fixed and regular. A number of acts apply to the enterprises, schools and hospitals covered under the organised sector.
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Definition of Organised Sector. The sector, which is registered with the government is called an organised sector. In this sector, people get assured work, and the employment terms are fixed and regular. A number of acts apply to the enterprises, schools and hospitals covered under the organised sector.
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★ The sector, which is registered with the government is called an organised sector.
★ Organised Sector is a sector where the employment terms are fixed and regular, and the employees get assured work.
★ A number of acts apply to an organised sector like Factories Act, Bonus Act, PF Act, Minimum Wages Act, etc.
★ The government rules are strictly followed in the organised sector.
★ The employees draw regular monthly salaries.
★ The organised sector, provide additional remuneration to employees for overtime.
★ Employees get add-on benefits like medical facilities, pension, leave travel compensation, etc. in the organised sector.
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