The following are the features of formal sector of employment :

(A) Seasonal work
(B) 10 or more hired workers
(C) Social security benefits
(D) No trade union

Choose the correct answer from the options given below :

(B) and (C) Only

We classify workforce into two categories: workers in formal and informal sectors, which are also referred to as organised and unorganised sectors. All the public sector establishments and those private sector establishments which employ 10 hired workers or more are called formal sector establishments and those who work in such establishments are formal sector workers. All other enterprises and workers working in those enterprises form the informal sector. Thus, informal sector includes millions of farmers, agricultural labourers, owners of small enterprises and people working in those enterprises as also the self-employed who do not have any hired workers. It also includes all non-farm casual wage labourers who work for more than one employer such as construction workers and headload workers. Those who are working in the formal sector enjoy social security benefits.