Question

Define Organised and Unorganised sector

Answer 1

Organised Sector-T

he organized sector comprises certain companies or workplaces in which the employment term is regular. They are authorized by the government and must comply with the laws and regulations set out in various laws, including the Minimum Wages Act, Factories Act, the Gratuity Payment Act, the Shops and Establishments Act, and so on.

Unorganised Sector-

The Unorganised sector is characterised by small and scattered units, which are largely outside the control of the government. Jobs are low-paid and often not regular. Employment is not secure. People can be asked to leave without any reason. No benefits are available for the workers.

Examples: Shopkeeping, Farming, Domestic works, etc.