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What are formal and informal sector

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What are formal and informal sector
  • 2 answers

Garima Madaan 8 years, 2 months ago

Formal sector refers to organised sector of economy & Imformal sector is unorganised

Suraj Patel 8 years, 2 months ago

Formal sector are those sector which are orgnised in proper form like their employees get security,funds and pension. Informal sector just reverse to it like their employees do not get security, pension etc .
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