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SECTORS OF INDIAN ECONOMY

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HOW'S TO PROTECT THE WORKERS IN THE UNORGANISED SECTOR
•farmers should be supported to adequate facility for timely delivery of agricultural inputs,seeds, credit,storage and marketing facilities
•small scale industry should be supported for producing raw material and marketing their output which will also help the casual workers
•steps should be taken so that workers from SCs,STs and backward communities do not face social discrimination

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MGNREGA ACT 2005(OBJECTIVES)

•to increase the income and employment of people
•every state/region can develop tourism,regional craft,IT etc. for additional employment
•the central government made a law implementing the 'RIGHT TO WORK' in 200 districts
•MGNREGA aims to provide employment of 100 days.If it fails to do so,it will give unemployment allowances to the people

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HOW TO CREATE MORE EMPLOYMENT
•RIGHT TO WORK
•MGNREGA ACT 2005
•MINIMUM WAGE ACT
•MINIMUM WORK DAYS ACT

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SECTORS IN TERMS OF OWNERSHIP
•PUBLIC SECTOR
•PRIVATE SECTOR

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UNORGANISED SECTOR
•irregular employment
•no PF and fringe benefits
•do not abide rules and regulations
•employment insecurity

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ORGANISED SECTOR
•regular employment
•fixed working hours
•paid leave and overtime
•PF and fringe benefits
•employment security

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GDP (GROSS DOMESTIC PRODUCT)
sum of the production in the three sectors.

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TERTIARY SECTOR (SERVICE SECTOR)
helps develop other sectors

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SECONDARY SECTOR (INDUSTRIAL SECTOR)
produces manufactured goods

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PRIMARY SECTOR (AGRICULTURE AND RELATED SECTOR)
produces natural goods

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TYPES OF SECTORS
•PRIMARY SECTOR
•SECONDARY SECTOR
•TERTIARY SECTOR