Explain organised and unorganised sector with example
Dear Student,
The unorganised sector consists of casual workers; self employed persons in unorganised sector and private households; and others employed in organised and unorganised enterprises that do not receive fixed or regular wages, are not eligible either for paid, sick or annual leave or for any social security benefits given by the employer. Their terms of employment render them liable to be terminated at any time. The major portion of workforce in India is employed in unorganised sector. For example: agriculturral sector, domestic work, etc.
Organised sector consists of workers in private or public sector that receive regular salaries, emoluments and other benefits including leaves and social security in the form of provident funds and gratuity. They work under fixed terms of employment and cannot be terminated in a casual manner without notice. For example: education sector, health sector, etc.
Regards