{"id":34300,"date":"2024-12-26T17:48:34","date_gmt":"2024-12-26T12:18:34","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=34300"},"modified":"2024-12-26T17:48:36","modified_gmt":"2024-12-26T12:18:36","slug":"annual-survey-of-unincorporated-sector-enterprises-2023-24","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/26-12-2024\/annual-survey-of-unincorporated-sector-enterprises-2023-24","title":{"rendered":"Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24"},"content":{"rendered":"\n<p><strong>Syllabus: GS3\/ Economy<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Context<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <strong>Ministry of Statistics and Programme Implementation (MoSPI)<\/strong> has released the Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023-24 for the reference period October, 2023 \u2013 September, 2024.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Coverage of ASUSE<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Geographical coverage:<\/strong> ASUSE covers the rural and urban areas of the whole of India (except the villages in Andaman and Nicobar Islands).<\/li>\n\n\n\n<li><strong>Sector-wise, <\/strong>this survey captures unincorporated non-agricultural establishments belonging to three sectors viz., Manufacturing, Trade and Other Services (excluding construction).<\/li>\n\n\n\n<li><strong>Economic characteristics: <\/strong>Number of workers, GVA, emoluments paid, fixed asset owned, outstanding loan etc.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key highlights from the ASUSE 2023-24<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Growth in Establishments:<\/strong> The total number of establishments in the sector increased substantially from 6.50 crore in 2022-23 to<strong> 7.34 crore in 2023-24, <\/strong>representing a <strong>12.84%<\/strong> growth.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-dominant-color=\"c1b8b3\" data-has-transparency=\"false\" style=\"--dominant-color: #c1b8b3;\" loading=\"lazy\" decoding=\"async\" width=\"434\" height=\"320\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/contribution-of-broad-activity-categories-in-GVA.webp\" alt=\"contribution-of-broad-activity-categories-in-GVA\" class=\"not-transparent wp-image-34301\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/contribution-of-broad-activity-categories-in-GVA.webp 434w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/contribution-of-broad-activity-categories-in-GVA-300x221.webp 300w\" sizes=\"auto, (max-width: 434px) 100vw, 434px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The Gross Value Added (GVA), <\/strong>a key indicator of economic performance, rose by <strong>16.52%<\/strong> driven by a 26.17% growth in other services sectors.\n<ul class=\"wp-block-list\">\n<li><strong>Gross Value Added (GVA) per worker<\/strong>, a measure of labour productivity of the sector, rose to <strong>Rs. 1,49,742 in 2023-24<\/strong> from Rs. 1,41,769 in 2022-23 in current prices showing a <strong>5.62% increase.\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Productivity Metrics:<\/strong> The Gross Value of Output (GVO) per establishment increased from Rs. 4,63,389 to <strong>Rs. 4,91,862<\/strong> in current prices.<\/li>\n\n\n\n<li><strong>Strong Labour Market Performance:<\/strong> The percentage of female-owned proprietary establishments has increased from 22.9% in 2022-23 to <strong>26.2%<\/strong> in 2023-24.\n<ul class=\"wp-block-list\">\n<li><strong>The average emolument per hired worker<\/strong> also increased by <strong>13% <\/strong>in 2023-24 compared to the previous year, signaling improvements in wage levels.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img data-dominant-color=\"e1eae8\" data-has-transparency=\"false\" style=\"--dominant-color: #e1eae8;\" loading=\"lazy\" decoding=\"async\" width=\"548\" height=\"270\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/estimated-number-of-worker.webp\" alt=\"ASUSE 2023-24\" class=\"not-transparent wp-image-34302\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/estimated-number-of-worker.webp 548w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/estimated-number-of-worker-300x148.webp 300w\" sizes=\"auto, (max-width: 548px) 100vw, 548px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Better Digital Penetration:<\/strong> Percentage of establishments using the internet has grown significantly from 21.1% in 2022-23 to <strong>26.7% in 2023-24.\u00a0<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Concluding remarks<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The data serves as a key input for policymaking, supporting National Accounts Statistics, fulfilling the requirements of Ministries such as M\/o Micro, Small and Medium Enterprise (MSME), Textiles, Labour &amp; Employment, and empowering stakeholders to make informed, data-driven decisions.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2087581\" target=\"_blank\" rel=\"noopener\"><strong>PIB<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Statistics and Programme Implementation (MoSPI) has released the Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023-24 for the reference period October, 2023 \u2013 September, 2024.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-34300","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/34300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=34300"}],"version-history":[{"count":1,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/34300\/revisions"}],"predecessor-version":[{"id":34303,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/34300\/revisions\/34303"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=34300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=34300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=34300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}