For the class 10 students, Sectors of the Indian Economy is considered as an important chapter of Economics.
This article will highlight the key differences between the Organised and Unorganised sector.
But, before proceeding further, I would like to make you familiar with the key terms used in this article.
- Organised Sector: This sector covers those places or enterprises of work where the terms of employment are regular and which are registered by the government policies.
- Unorganised Sector: This sector is characterised by scattered and small units which are largely outside the control of the government.
I’ve decided to provide you with the key differences between the organised and unorganised sector and put them all in the tabular format.
Key Differences Between Organised and Unorganised Sector
|The term of employment in the organised sector are regular.
|The term of employment in an unorganised sector is irregular.
|This sector has to follow the rules and regulations of government.
|This sector has rules but they didn’t follow the government.
|They are registered by the government.
|They are not registered by the government.
|Workers in this sector enjoy the security of employment.
|Workers in this sector have no fixed employment.
|Employes of this sector get paid during holidays, leave etc.
|Employes don’t get paid for holidays or leave.
|If there is more work, they get paid overtime by the employers.
|When there is less work, some people may be asked to leave their job.
|Employes of this sector enjoy the other benefits like medical facilities etc.
|Employes of this sector are not supposed to enjoy other benefits.
So, that’s it.
All the important differences between Organised and Unorganised Sector in Chapter 2 Sectors of the Indian Economy from the NCERT class 10 are listed above in the table format.
If you have any related queries or suggestions, feel free to let me know in the comments right now.