Question

What is the difference between Organised sector and Unorganised sector?

Answer 1

ORGANISED
1. this sector is registered.
2. terms of employment are regular.
3.this sector follow various laws such as factors act , minimum wages act.
4.this sector includes banks hospital school.
UNORGANIZED
1. this sector is not registered
2. terms of employment are not regular
3.this sector not follow various laws
4. this sector includes small scale jobs

Answer 2

Answer:

The differences are as follows:

Explanation:

Organized Sector:

1. Job security/security of employment is present; work is assured.
2. Workers are expected to work for a fixed number of hours and are paid overtime if they work overtime.
3. They are registered by the government and have to follow many rules and regulations such as the Factories Act, Minimum Wages Act, etc.
4. They get benefits such as paid leave, payment during holidays, provident fund, etc.
5. They also get medical benefits, drinking water at workplace and safe working environment.
6. They get pension when they retire

Unorganized Sector:

1. No security of employment, they can lose the job anytime.
2. They can be worked overtime without compensation.
3. They are not registered by the government and they usually do not comply with the rules and regulations.
4. They get 0 additional benefits at work.
5. They are usually hawkers, labourers and people engaged in contract work.
6. They do not get pension when they retire