हिंदी

“It is necessary to generate employment in the formal sector rather than the informal sector.” Justify the given statement with valid arguments. - Economics

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प्रश्न

“It is necessary to generate employment in the formal sector rather than the informal sector.”

Justify the given statement with valid arguments. 

औचित्य

उत्तर

  • Focusing on creating employment opportunities in the formal sector is critical because of the inherent benefits.
  • Formal sector occupations provide higher job security, with workers protected by labour laws and access to benefits like social security and health insurance.
  • Furthermore, formal sector employment offers better working conditions, including occupational safety requirements and opportunity for growth, which contributes to overall economic stability and welfare.
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2023-2024 (February) Outside Delhi Set - 2
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