Question

The Indian retail industry is divided into two sectors organized and Unorganized.
Organized retailing refers to trading activities by lincesed retailers, that is those who
are registered for sales tax, income tax,etc. These include the corporate-backed
hypermarkets and retail chains, and also the private owned large retail businesses.
Unorganized retailing, on the other hand, refers to the traditional formats of low-cost
retailing, forexample, the local kirana shops,owner-manned generalstores,
convenience stores, handcart and pavement vendors,etc. India's retail sector is
wearing new clothes and with a three-year compounded annual growth rate of 46.64
percent, retail is the fastest growing sector in the Indian economy.
1. What is the difference between organized and unorganized sector?
2. What has been the implication of western style malls appearing in smaller cities?​

Answer 1

Answer:

1.Organised Sector is a sector where the employment terms are fixed and regular, and the employees get assured work. Unorganised sector is one where the employment terms are not fixed and regular, as well as the enterprises, are not registered with the government.

2.These include overcrowding, especially on weekends and holidays. Sometimes it seems that everyone has the same idea and go to the mall. The corridors and crowded stores make shopping very difficult, people often end up forgetting the items they need to buy.