Practicing Success
Practicing Success
CUET Preparation Today
| Economists and others often make a distinction between the organised or formal and the unorganised or informal sector. There is a debate over how to define these sectors. According to one definition, the organised sector consists of all units employing ten or more people throughout the year. These have to be registered with the government to ensure that their employees get proper salaries or wages, pension and other benefits. I |
| Select a statement which shows the connection between capitalism in India and employment . |
Even with industrialization, a large section of employment in India remains in the unorganized sector. Industrialization has reduced the unorganized sector in India and created more organized labour. Industrialization in India even converted agriculture into organized labour. Indian industrialization couldn't even create the minimum basis for organized sector employment. |
| Even with industrialization, a large section of employment in India remains in the unorganized sector. |
| In India, in 1999-2000, nearly 60% were employed in the primary sector (agriculture and mining), 17% in the secondary sector (manufacturing, construction and utilities), and 23% in the tertiary sector (trade, transport, financial services. |
