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What are the differences between private sector and unorganised sector ? Arr both same ? |
| Answer» Unorganised sector\xa0is a\xa0sector\xa0where the employment terms are not fixed and regular as well as the enterprises are not registered with the Government but the\xa0private sector\xa0is the part\xa0of\xa0the economy sometimes referred to as the citizen\xa0sector, which is owned by\xa0private\xa0individuals or groups.\xa0Organised Sector\xa0is a\xa0sector\xa0where the employment terms are fixed and regular, and the employees get assured work.\xa0Unorganised sector\xa0is one where the employment terms are not fixed and regular, as well as the enterprises, are not registered with the government. | |