formal sector definition
formal sector means business units which are incorporated or registered, and are normally subjected to regulation;
formal sector means the sector which include employers and employees who have entered into contract of employment or apprenticeship or any other contract;
formal sector means the sector which includes employers and employees who have entered into a construct of employment or apprenticeship or any other contract contemplated in the definition of employee;
More Definitions of formal sector
formal sector means the sector of the economy in which workers and employers are registered and/or organized into unions and associations; in which there are rules and regulations governing participation in the sector.
formal sector means the sector which includes employers and employees who have entered into a contract of employment apprenticeship or any other contract contemplated in the definition of the term "employee";
formal sector. The formal Sector comprises of banks and cooperative societies.
formal sector means the Public Sector and the organized Private Sector Workers;
formal sector means the sector of the economy in which the relations/ relationships between the interlocutors/ employers and workers therein are governed mainly by written rules and regulations governing participation in the sector;