2. An area of the economy in which business
share the same or a related product or
service. Economy are comprised of four
sectors. The primary sector involves the
extraction and harvesting of natural products
from the earth. ( e.g., agriculture, mining and
forestry). The Secondary sector consists of
processing. Manufacturing and construction.
The Tertiary sector provide services, such as
retail sales, entertainment and financial
sector is made up of intellectual pursuits, like
8. Definition:
When the main activity involve
manufacturing then it is the
secondary sector. All industrial
production where physical goods
are product come under the
secondary sector.
9.
10.
11.
12. Tertiary sector
When the activity involves
providing in tangible goods
like service then this is part
of the tertiary sector.
Financial services,
management consultancy,
telephony and IT are good
example of service sector.
18. The sector, which is
registered follows
government rules and
regulation, have employees
and employers union is
called organised sector.
The company form of
business comes under
organised sector. The
private retail business is
called unorganised sector
reliance retail is in
19.
20. UNORGANISED SECTOR
The sector which is not
following the
prescribed forms 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
23. NREGA
1. National Rural Employment Guarantee Act
2005.
2. The central government in India recently made
a law implementing the right to work in 200
district of India.
3. Under NREGA 2005, all those who are able to,
and are in need of, work have been guaranteed
100 days of employment in a year by the
government.
4. If the government fails in its duty to provide
employment, it will give unemployment
allowance to the people. The types of word that
would in feature help to increase the production
from land will be given preference under the
Act,