Q1
What characterises the organised sector?
AJob security and legal protections
BNo job security at all
COnly informal work
DNo regulation whatsoever
CBSEClass 10 (CBSE)Social ScienceCh 19 · Topic 2
Organised and Unorganised Sectors
The economy can also be divided into organised (regulated, with job security) and unorganised (unregulated, less secure) sectors, based on e
Core concept
The organised sector includes registered businesses and government jobs, offering benefits like fixed wages, job security, and protections under labour laws.
How it works
The unorganised sector includes small-scale, often informal work, like street vending or daily wage labour, typically lacking job security, regular income, or legal protections.
Why it matters
A significant majority of India's workforce is employed in the unorganised sector, facing challenges like unstable income, poor working conditions, and lack of social security benefits.
Key detail
Government efforts, like extending social security schemes and promoting formalisation, aim to improve conditions for workers in the unorganised sector and provide greater protection.
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Quick notes
• The economy has organised and unorganised sectors.
• Organised sector includes registered businesses and government jobs.
• Organised sector offers job security and legal protections.
• Unorganised sector includes informal work like street vending.
• Unorganised sector lacks job security and legal protections.
• Most of India's workforce is in the unorganised sector.
• Unorganised sector workers face unstable income.
• Government efforts aim to improve unorganised sector conditions.