Question

Differentiate between:

a) Public organized and Private organized industries

b) Public unorganized and Private unorganized industries

Answer 1

Public organised Sector	Private organised Sector
a. Public organised sector implies industries which are controlled and regulated by government.	Private organised sector includes all those industries which controlled and regulated by private entrepreneurs and are registered under and by the government.
b. These companies adhere to rules and regulations framed by the government and job security to workers, medical benefits , minimum wages etc.	These companies since they are registered under the government adhere to rules and regulations of the government and provide minimum wages, maximum hours of work. medical and other benefits to its workers.

As far as unorganised sector is concerned , it includes all those private unregistered and unincorporated enterprises owned by private individuals. These generally include small scale units, casual workers in construction, street vendors etc which are outside the control of the government and has the following characteristics:

a. There are large number of casual labourers who are involved in small scale industries. Generally such industries are outside the control of government since it is not mandatory for them to obtain licence for their functioning as they operate at a very small scale.
b. ​ With reagrd to the living condition, For instance workers who work in small scale industries or casual workers employed in construction or trade and transport, or street vendors, head load workers are not paid a fair wages.
c. There is no regulartity of income and no job security.
d. Workers involved here also become victims of social discrimination particularly those who are from SC's and ST's background.
e. These small scale units lack proper infrastructure, they do not have adequate finance to expand their business, to market their products

There cannot be public unorganised sector/industry as public denotes that the industy is under the control and regulated by governemnt and hence, adheres to rules and regulations of the government.