1. JAI GURU DEVJAI GURU DEV Introduction Organized SectorOrganized Sector

2. The sector, which is registered ,follows Govt. rules n regulations, have employees n employers union is called organized sector. The company form of business comes under organized sector. The private retail business is called un organized sector. Reliance retail is in organized sector, as it is in a company form n registered. UnorganizedUnorganized SectorSector 3. The sector which is not following the prescribed norms and the modus operandi which is standardized and centralized. Many industries fall into this segment which are transacting on a pseudo industrial basis. It more of a perceived factor rather being an implied one. 4. Workers underWorkers under unorganized sectorunorganized sector need protection .need protection . They are paid low salaries , therefore they are not able to fulfill even there basic needs . They are exploited . Employment is there but not on regular basis they can be thrown out any time without any crime or reason . 5. Other than salary which is very low they dont get any other benefits . These workers also face social discrimination . protection and support to the unorganised sector is both necessary for economic and social development . On the basis ofOn the basis of ownership , weownership , we divide them into ,divide them into , Public sector 6. Private sector Public SectorPublic Sector 7. The public sector is that part of the economy whose primary concern is to provide the basic government services. In most countries around the world, the public sector consists of services like the military, police, public transport, roads, education, and healthcare services. It has the responsibility to provide services which will benefit all including non payers. Private SectorPrivate Sector 8. The part of national economy made up of private enterprises. It includes the personal sector (households) and corporate sector (companies), and is responsible for allocating most of the resources within an economy. See also public sector. 9. Role of government /Role of government / public sector in thepublic sector in the economic developmenteconomic development of the country .of the country . Infrastructure : construction of roads , bridges , generating electricity , irrigation , education etc. are several things needed by society , but private sector could not invest as large amount of money is required . Also collecting money from thousand of people is not easy . 10. Hence government has to undertake such heavy spending and ensure creation of infrastructure . Strong industrial base : growth of public sector in iron and steel , coal , engineering , petroleum has created a strong industrial base for further industrialization . 11. Balanced regional development : to reduce and overcome regional disparities in regional industrial development . The government uses power and resources to set up industries in undeveloped and under developed regions 12. Public welfare : providing health , housing facilities , safe drinking water , food and nutrition for poor are the primary responsibilities of the government these activites should be taken up the government as private sector would like to maximize there profits and has no interest in public welfare . What we haveWhat we have learntlearnt Made By-:Made By-: