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Compare the employment conditions prevailing in the organised and unorganised sectors. - Social Science

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Question

Compare the employment conditions prevailing in the organised and unorganised sectors.

Answer in Brief

Solution

The employment conditions prevailing in the organised and unorganised sectors are vastly different. The organised sector has companies registered with the government and hence, it offers job security, paid holidays, pensions, health and other benefits, fixed working hours and extra pay for overtime work. On the other hand, the unorganised sector is a host of opposites. There is no job security, no paid holidays or pensions on retirement, no benefits of provident fund or health insurance, unfixed working hours and no guarantee of a safe work environment.

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Division of Sectors as Organised and Unorganised
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Chapter 2: Sectors of the Indian Economy - Exercises [Page 37]

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NCERT Social Science (Economics) - Understanding Economic Development [English] Class 10
Chapter 2 Sectors of the Indian Economy
Exercises | Q 16 | Page 37

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