Which of the following statements about India’s unorganized sector are true? 1. Labour is more in number than that in the organized sector. 2. Job security and work regulation are better in unorganized sector. 3. They are usually not organized into trade unions. 4. Workers are usually employed for a limited number of days. Select the correct answer using the code given below.

India's unorganized sector is characterized by a significantly larger workforce compared to the organized sector, accounting for approximately 90% to 92% of the total labour force [1]. Statement 1 is therefore correct. Unlike the organized sector, the unorganized sector lacks job security, work regulations, and social security benefits like pensions or provident funds [3]. Thus, statement 2 is incorrect. These workers are typically not organized into trade unions due to the scattered and heterogeneous nature of their employment. Statement 3 is correct. Furthermore, employment in this sector is often casual, with workers hired on daily wages for a limited number of days or specific tasks without permanent payroll status [3]. Statement 4 is correct. Consequently, statements 1, 3, and 4 accurately describe the sector's features.

Sources

1. [1] Indian Economy, Vivek Singh (7th ed. 2023-24) > Chapter 8: Inclusive growth and issues > 8.9 Informal and Formal Economy > p. 270
2. [2] Understanding Economic Development. Class X . NCERT(Revised ed 2025) > Chapter 2: SECTORS OF THE INDIAN ECONOMY > How to Protect Workers in the Unorganised Sector? > p. 31
3. [3] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 3: Poverty, Inequality and Unemployment > CASUALISATION AND INFORMALISATION OF {f W}ORKFORCE > p. 56