why is unorganised sector more important ? give reason
Answers
Answer:
Large number of people are found to be illiterate in India this is the main reason why there are more people working in unorganised sector . Organised sector consists of well-educated people therefore the main reason for number of people more in unorganised sector is their illiteracy.
Explanation:
Employement opportunities in organised sector have been expanding very slowly .. Thus people from organised sector turned towards un-organised sector. Gradually a large no of people are working in unorganised sector .
Thus the contributions made by the unorganised sector to the national income, is very substantial as compared to that of the organised sector. It adds more than 60% to the national income while the contribution of the organised sector is almost half of that depending on the industry. (apart from its disadvantages..)
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