Formal organizations:-They are registered org. and are under the control of govt/private sector. These org. are included in organized sector. These org. include MN Cs, Insurance companies, Schools, Malls, etc. In short they are those org. which employ people organically. Informal Organizations: - They are not registered and are among local basis only. They are those org. which are not under the control of govt. or organized sector. They include small shops, Hockers, etc.