explain the difference between organised and unorganised sectors and how the government can help to improve the life situations of the unorganised sector.explain with example.
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The sector which is registered and follows government rules and regulations, having employees and employee unions is called an organized sector. In India, banks, railways, the insurance industry, central government employees, etc can be called an Organised Sector. This sector is governed by various acts like the Factories Act, Bonus Act, PF Act, Minimum Wages Act, etc. The sector that comprises small-scale enterprises or units and is not registered with the government is called an unorganized sector. it has remained largely outside the control of the government.
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