Question

In a study conducted in Surat city it was observed that total workers 500000 workers in organised sector 150000 total income generated in the city 6000 million income generated in the organised sector 3900 million Income generated in unorganised sector 2100 million

Answer 1

Answer:

Organised Sector  

Unorganised Sector

  Total

No. of workers 

     4,00,000

   11,00,000 

 15,00,000

Income (Rs)

   32,000 million

  28,000 million

  60,000 million

It is clear that while a larger portion of workers is working in the unorganized sector, the per capita earning of those in the organized sector is more. The government should encourage the entrepreneurs in the unorganized sector to change them into the organized sector. Moreover, government should introduce some incentives so that more industries could be opened up in the organized