What is organised sector?

indian-economy
cbse

#1

What is organised sector? Mention any four advantages of working in the organised sector.


#2

Organised sector: All enterprises which are either registered or came under the purview of any of the relevant government rule, like Factory Act.
People enjoy working in the organised sector as there is a proper and systematic way to get the work done from the employees.
Advantages of working in the organised sector are
(i) Workers enjoy security of employment. They cannot be removed from employment without proper reasons.
(ii) The workers work only for a fixed number of hours. If they work more, they have to be paid overtime wages by the employer. .
(iii) Many benefits are given to the workers like leave, payment during holidays, provident fund, gratuity, medical benefits etc.
(iv) Under the laws, the management of the enterprise has to ensure facilities like drinking water and a safe working environment.