what is the difference between organised sector and unorganised sectors?
Answers
Answer:
- The sector which is registered and follows government rules and regulations, having employees and employee unions is called as an organised sector.
- The sector that comprises of small-scale enterprises or units and is not registered with the government is called an unorganized sector. it has remained largely outside the control of the government. Agricultural labourers, small and marginal farmers, artisans like weavers, carpenters, blacksmiths, etc. constitute an unorganised sector.
Explanation:
Organised 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
Unorganised 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