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What is formal sector

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What is formal sector
  • 2 answers

Yogita Ingle 6 years, 8 months ago

Formal sector : All public sector and private sector establishments which employ 10 or more hired workers are called formal sector establishments. Those who work in such es-tablishments are called formal sector workers. The formal Sector comprises of banks and cooperative societies.

Ansh Giri 6 years, 8 months ago

In whuch loans are provided by banks and cooperative sectors
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