{"id":15,"date":"2024-12-28T16:26:08","date_gmt":"2024-12-28T10:56:08","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=15"},"modified":"2025-01-12T16:12:51","modified_gmt":"2025-01-12T10:42:51","slug":"annual-survey-of-unincorporated-sector-enterprises-2","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/annual-survey-of-unincorporated-sector-enterprises-2\/","title":{"rendered":"Annual Survey of Unincorporated Sector Enterprises"},"content":{"rendered":"<h2><strong>About Annual Survey of Unincorporated Sector Enterprises:<\/strong><\/h2>\n<ul>\n<li>It is carried out with the primary objective of measuring various <strong>economic and operational characteristics of unincorporated non-agricultural establishments<\/strong> in manufacturing, trade and other services sectors (excluding construction).<\/li>\n<li>The survey collects data on various economic characteristics of this sector including number of <strong>workers, GVA, emoluments paid, fixed asset owned<\/strong>, outstanding loan, besides, different types of operational characteristics such as type of ownership, nature of operation, registration status, use of ICT, etc.<\/li>\n<li><strong>Significance:<\/strong> 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<h2><strong>Key highlights<\/strong><\/h2>\n<ul>\n<li>The ASUSE 2023-24 results highlight significant growth in establishments, employment, and productivity in the unincorporated non-agricultural sector.\n<ul>\n<li>The total number of <strong>establishments in the sector increased<\/strong> substantially from 6.50 crore in 2022-23 to 7.34 crore in 2023-24, representing a healthy12.84% growth.<\/li>\n<li>Among the broad sectors covered, the number of establishments in the &#8220;Other Services&#8221; sector recorded a growth of 23.55% followed by a 13% increase witnessed by the manufacturing sector.<\/li>\n<li>During the same period, the <strong>Gross Value Added<\/strong> (GVA) which is a key indicator of economic performance <strong>rose by16.52% driven by a 26.17% growth<\/strong> in other services sector.<\/li>\n<li>The percentage of <strong>female-owned proprietary<\/strong> establishments <strong>has increased<\/strong> from 22.9% in 2022-23 to 26.2%<\/li>\n<li>The average <strong>emolument per hired worker also increased<\/strong> by 13% in 2023-24 compared to the previous year, 2022-23, signaling improvements in wage levels.<\/li>\n<li>Percentage of establishments <strong>using internet has also grown significantly<\/strong> from 21.1% in 2022-23 to 26.7% in ASUSE 2023-24.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<hr \/>\n<h3>Q1: What Is Gross Value Added (GVA)?<\/h3>\n<p>Gross value added (GVA) is an economic productivity metric that measures the contribution of a corporate subsidiary, company, or municipality to an economy, producer, sector, or region.<\/p>\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleseDetailm.aspx?PRID=2087572&amp;reg=3&amp;lang=1\" target=\"_blank\" rel=\"nofollow noopener\"><strong>PIB<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, the Ministry of Statistics and Programme Implementation (MoSPI) has released the results of Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023-24.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[56,21,22,23],"class_list":{"0":"post-15","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-upsc-prelims-current-affairs","7":"tag-annual-survey-of-unincorporated-sector-enterprises","8":"tag-prelims-pointers","9":"tag-upsc-current-affairs","10":"tag-upsc-prelims-current-affairs","11":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/15","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=15"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/15\/revisions"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=15"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=15"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=15"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}