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in Economics by (36.9k points)
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State why the organized sector is better than the unorganized sector. 

(OR) 

The organised sector offers jobs that are the most sought-after. But the employment opportunities in the organised sector have been expanding very slowly. As a result, a large number of workers are forced to enter the unorganised sector jobs, which pay a very low salary. 

Do you think organised sector is better than unorganised sector? Give your opinion.

1 Answer

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by (39.1k points)
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Best answer

Organised sector is better sector. 

The reasons are:

1. Organised sector covers those enterprises or places of work where the terms of employment are regular and therefore, people have assured work. 

2. They are registered by the government 3 and have to follow its rules and regulations which are given in various laws such as the Factories Act, Minimum Wages Act, Shops and Establishments Act, etc. 

3. It is called organised because it has some formal processes and procedures. 

4. Workers in the organised sector enjoy j security of employment. They are expected to work only for a fixed number of j hours. If they work more, they have to be j paid overtime by the employer.

5. They also get several other benefits from the employers. They get paid leave, payment during holidays, provident fund, etc. 

6. They are supposed to get medical benefits and, under the laws, the employer has j to ensure facilities like drinking water and a safe working environment. 

7. When they retire, many of these workers get pensions as well. 

8. People who work in the government or with companies or large establishments are all in the organised sector.

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