economicsChoose if the given statement is True/False.Employment in the organized sector is characterized by irregular and low income.

Choose if the given statement is True/False.


Employment in the organized sector is characterized by irregular and low income.


  1. A
    True
  2. B
    False 

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    Solution:

    The above statement is False.
    The income could be higher and more regular in the unorganised sector rather than in the organised sector. There is also an absence of various facilities like social security, good working conditions, maternity leave, etc. In India, both organised and unorganised labour is prevalent. Examples of unorganised employment: are casual labourers, domestic workers, vegetable and fruit sellers, newspaper vendors, fishermen, and small and marginal farmers. A survey conducted by the National Sample Survey Organization in 2009–10 reported that out of total employment of 46.5 crores, 43.7 crores were engaged in the unorganised sector while the remaining 2.8 crores were in the organised sector.
    The correct statement would be It is in the unorganised sector and not in the organised sector that the income is low and irregular.
     
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