Explain any five differences between organised and unorganised sectors.
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Solution
Instructions:
List a few benefits that are enjoyed by workers in the organised sector and how those benefits are not given to the unorganised sector.
Solution:
Organised sector have terms of employment and have regular jobs while in the unorganised sector jobs are low paid and irregular.
Organised sectors are those where government rules like Minimum Wage Act, Factories Act etc. are followed while unorganised sectors have their own rules and regulations.
There is job security in the organised sector while unorganised sector hire and fire according to the requirement.
Overtime, medical benefits etc. is paid in the organised sector while the unorganised sector gives no such benefit.
Organised sector is controlled by the government or by individuals under labour laws while in the unorganised sector a lot depends on the whims of employer.