Economics

Talk to someone who has a regular job in the organised sector and another who works in the unorganised sector. Compare and contrast their working conditions in all aspects.

Econ Sectors Ind

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Answer

People working in either organised sector or unorganised sector are earning money but there are many differences in their working conditions and other facilities.

Organised SectorUnorganised Sector
Employees enjoy job security due to formal contracts and legal protections.No assured work or job security.
They receive regular monthly salaries.Often paid daily wages.
Fixed working hours are adhered to.Hours are not fixed; long working hours are common.
Employees receive add-on benefits like medical facilities, pension, and leave travel compensation.No additional benefits.
They contribute to provident funds, and their salaries align with government norms.No contribution to provident funds.
Paid leaves are available.Paid leaves are not available.

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