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  • organised sector have job security.It is under the control of govtand follow rules and regulationand have a fixed number of hour
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12y ago

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What is organised sector?

The sector,which is registered ,follows Govt. rules n regulations,have employees n employers union is called organised sector.The company form of business comes under organised sector.The private retail business is called un organised sector.Reliance retail is in organised sector,as it is in a company form n registered.


What does the money market consist of?

organised sector


Definition of organised sector?

A sector which act according to government rules with many employers and have a defined pattern of wages is called organised sector. It have high profits and i irreparable loses. all developed countries follow this sector.


Does employment in agriculture comes under semi organised sector?

yes


Why more people engaged in organised sector than in unorganised sector?

organised sectors are handled by govt. and have paper work and works according to the rules and laws abided to them. think by your own and try to justify. use ur brain plz.......


What is the meaning of a formal sector?

On the basis of employment conditions, activities in the economy are classified as organised and unorganised. The organised sector offers job security and employment benefits, while the unorganised sector is marked by low wages and lack of job security. The organised sector covers those enterprises of work where the terms of employment are regular and where people have assured employment. It is registered, follows government rules and regulations, and has employees and employers union. It is called organised as it has some formal processes and procedures. 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, fixed working hours, extra pay for overtime work, medical and other allowances, gratuity, superannuation, provident fund, and various other benefits. In the organised sector, rules and regulations given in various laws by the government such as Factories Act, Minimum Wages Act, Payment of Gratuity Act, Shops Establishments Act, etc. Most of the services, industries, schools and factories fall under this category.


What do you want joint bank clerk?

i want to work in a well organised sector and sbi is a best plateform for this


Advantages and disadvantages of banking sector?

n


What are the advantages and disadvantages of diversified manufacturing sector?

no


What are the advantages in privatization of insurance sector?

Some of the advantages of privatization in the insurance sector are that diverse new products can come up as a result of competition. Competition in the insurance sector usually leads to the competitive pricing of various covers.


What has the author Irene Tom written?

Irene Tom has written: 'Women in unorganised sector' -- subject(s): Employees, Silk industry, Women silk industry workers 'Women in Organised Sector'


What are the advantages of the informal sector?

it help to reduce the amount of unemployed