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Question
Compare the employment conditions prevailing in the organized and unorganized sectors.
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Solution
- Organised Sector:
- It is incorporated with the appropriate authority or government with specific rules and regulations.
- The employers in the sectors are provided with job security and receive higher wages than those of the unorganised sectors.
- Employees of Central and State government, Banks, Railways, Insurance, Industry are called organized sector.
- They have fixed working hours, good salary, paid holidays, and provides medical allowance and Insurance also.
- Unorganised Sector:
- It is characteristic of the household manufacturing activity and small-scale industry without proper rules and regulations.
- Employment is not secure, when there is no work, people are asked to leave the job.
- This sector includes a large number of people who are employed on their own doing small jobs such as selling on the street, doing repair work, and so on.
- The employment terms are not fixed and regular. They do not enjoy any special benefit or job security. These enterprises are not registered with the government.
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