What is organised sector? Explain any three features of it
Answers
Answer:
Organised sector is a sector where terms and conditions of employment are regular and as per rules and regulations passed by the Government. ... Employees enjoy the security of employment. In case they work more, they are paid overtime.
(i) Organised sector covers those enterprises or places of work where the terms of employment are regular and therefore people have assured work.
(ii) They are registered by the government.
(iii) They have to follow rules and regulations set-up by the government under various laws such as the Factory Act, Minimum Wages Act, Shops and Establishment Act etc.
Answer:
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.
Three features of organised sector:
(i) Organised sector covers those enterprises or places of work where the terms of employment are regular and therefore people have assured work.
(ii) They are registered by the government.
(iii) They have to follow rules and regulations set-up by the government under various laws such as the Factory Act, Minimum Wages Act, Shops and Establishment Act etc.