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Question : 7
Total: 7
Explain any five differences between organised and unorganised sectors.
Solution:
Five differences between organised and unorganised sectors are as follows :
| S. No. | Organised sectors | Unorganised sectors |
|---|---|---|
| (i) | Terms of employment are regular and people have assured work. | People have no guarantee of work and can be removed at any time. |
| (ii) | They are registered under the government. | It is outside the control of the government. |
| (iii) | They have to follow certain rules and regulations stated by the law, e.g. Factories Act. | There are rules and regulations, but are not strictly followed |
| (iv) | It has formal processes and procedures of operation. | There is no security of employment. |
| (v) | There is security ofemployment, e.g.,working hours, leaves, etc.For example, A person working | For example, A person working in a tea stall. |
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