What is the difference between organised sector and unorganised sector ??
Differentiate in 5 points ..
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Explanation:
Organised sector
(i)The sector is registered by the government.
(ii) The terms of employment are regular.
(iii) The sector is governed by various laws such as the Factories Act, Minimum Wages Act, etc.
(iv) This sector includes banks, hospitals, schools, etc.
Unorganised sector
(i) The sector is not registered by the government.
(ii) The terms of employment are not regular.
(iii) The sector is not governed by any act.
(iv) This sector includes a large number of people who are employed on their own doing small jobs, etc.
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