{"id":42748,"date":"2024-10-01T03:55:50","date_gmt":"2024-09-30T22:25:50","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=42748"},"modified":"2025-10-14T10:56:27","modified_gmt":"2025-10-14T05:26:27","slug":"the-annual-survey-of-industries-asi-for-2022-23","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/the-annual-survey-of-industries-asi-for-2022-23\/","title":{"rendered":"The Annual Survey of Industries (ASI) for 2022-23"},"content":{"rendered":"<h2><strong>What\u2019s in today\u2019s article?<\/strong><\/h2>\n<ul>\n<li>Why in News?<\/li>\n<li>What is the Annual Survey of Industries (ASI)?<\/li>\n<li>Manufacturing Sector in India<\/li>\n<li>Highlights of the Annual Survey of Industries (ASI) for 2022-23<\/li>\n<\/ul>\n<h2><strong>Why in News?<\/strong><\/h2>\n<p>The Ministry of Statistics and Programme Implementation (MoSPI) recently released the Annual Survey of Industries (ASI) for 2022-23.<\/p>\n<h2><strong>What is the Annual Survey of Industries (ASI)?<\/strong><\/h2>\n<ul>\n<li><strong>About:<\/strong>\n<ul>\n<li>ASI is the principal source of industrial statistics and data for <strong>organised manufacturing<\/strong> in India and is conducted by the <strong>National Sample Survey Office (NSSO) <\/strong>under the MoSPI.<\/li>\n<li>It has been <strong>conducted since 1959<\/strong> under the Collection of Statistics Act 1953. Presently, the survey is being conducted under <strong>the Collection of Statistics Act 2008 <\/strong>as amended in 2017 and Rules framed there under in 2011.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Objective:<\/strong> The Survey is designed to obtain comprehensive and detailed data &#8211;\n<ul>\n<li>Estimating the <strong>contribution <\/strong>of the registered manufacturing sector as a whole <strong>to Gross Domestic Product (GDP) <\/strong>of the Country and also by type of industry,<\/li>\n<li>Systematic studying the <strong>structure of the industries<\/strong> by type of industry,<\/li>\n<li>Studying various factors influencing the industries for formulation of <strong>industrial policies.<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong>The survey covers:<\/strong>\n<ul>\n<li><strong>Factories<\/strong> registered under the Factories Act 1948. It relates to factories employing 10 or more workers using power and those employing 20 or more workers without using power.\n<ul>\n<li><strong>For states of Maharashtra, Rajasthan and Goa<\/strong>, data is collected for factories employing 20 or more workers with power and factories having 40 or more workers without power.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Bidi and cigar manufacturing establishments<\/strong> under the Bidi and Cigar Workers (Conditions of Employment) Act 1966, and<\/li>\n<li><strong>All electricity undertakings<\/strong> engaged in generation, transmission and distribution of electricity, not registered with the Central Electricity Authority (CEA).<\/li>\n<\/ul>\n<\/li>\n<li><strong>Significance: <\/strong>The survey results <strong>give valuable input<\/strong> to the planners and policy makers in objectively evaluating the industrial scenario of the economy.<\/li>\n<\/ul>\n<h2><strong>Manufacturing Sector in India:<\/strong><\/h2>\n<figure class=\"image image_resized\"><img decoding=\"async\" src=\"https:\/\/vajiram-prod.s3.ap-south-1.amazonaws.com\/Manufacturing_Sector_in_India_32b8c59c4e.webp\" alt=\"Manufacturing Sector in India.webp\" \/><\/figure>\n<ul>\n<li>Manufacturing is emerging as <strong>an integral pillar<\/strong> in the country\u2019s economic growth, thanks to the performance of key sectors like <strong>automotive, engineering, chemicals, pharmaceuticals, and consumer durables.<\/strong><\/li>\n<li>With <strong>17% of the nation\u2019s GDP and over 27.3 million workers<\/strong>, the manufacturing sector plays a significant role in the Indian economy.<\/li>\n<li>India is gradually progressing on the road to <strong>Industry 4.0<\/strong> through the Government of India\u2019s initiatives like &#8211;\n<ul>\n<li>The<strong> National Manufacturing Policy<\/strong> which aims to increase the share of manufacturing in GDP to <strong>25% by 2025<\/strong> and<\/li>\n<li>The <a href=\"https:\/\/vajiramandravi.com\/current-affairs\/pli\/\" target=\"_blank\"><strong>Production Linked Incentive (PLI) <\/strong>scheme<\/a> for manufacturing which was launched in <strong>2022 <\/strong>to develop the core manufacturing sector at par with global manufacturing standards.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><strong>Highlights of the Annual Survey of Industries (ASI) for 2022-23:<\/strong><\/h2>\n<ul>\n<li><strong>Main drivers of the manufacturing growth in 2022-23:<\/strong>\n<ul>\n<li>These were industries related to <strong>basic metal, coke &amp; refined petroleum products, food products, chemical and chemical products and motor vehicles<\/strong>.<\/li>\n<li>These industries (taken together) contributed about<strong> 58% of the total output<\/strong> of the sector and showed output growth of 24.5% and gross value added (GVA) growth of 2.6% in comparison to 2021-22.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Number of factories:<\/strong> The total number of factories increased from 2.49 lakh in 2021-22 to 2.53 lakh in 2022-23.<\/li>\n<li><strong>Gross fixed capital formation (GFCF):<\/strong> GFCF, <strong>a proxy for capital investment<\/strong>, grew by over 77% to Rs 5.85 lakh crore in 2022-23 from Rs 3.3 lakh crore in 2021-22.<\/li>\n<li><strong>Number of employees in the formal sector:<\/strong>\n<ul>\n<li><strong>Employees <\/strong>include all workers and persons receiving wages and holding clerical or supervisory or managerial positions, etc.<\/li>\n<li><strong>Workers <\/strong>include all persons employed directly or through any agency and includes both paid and unpaid workers engaged in any manufacturing process, etc.<\/li>\n<li>The total number of employees in manufacturing industries <strong>increased by 7.5% to 1.84 crore<\/strong> in 2022-23 from 1.72 crore in 2021-22.<\/li>\n<li>This is the<strong> highest rate of increase in employment <\/strong>in manufacturing industries in the last 12 years.<\/li>\n<li>The highest employment was recorded in <strong>factories producing food products<\/strong>, followed by textiles, basic metals, wearing apparel and motor vehicles, trailers and semi-trailers.<\/li>\n<\/ul>\n<\/li>\n<li><strong>The average emoluments: <\/strong>These also improved in 2022-23, with average emoluments per person rising by 6.3% in 2022-23 as against the previous year.<\/li>\n<li><strong>Performance of the states:<\/strong>\n<ul>\n<li>In terms of GVA, <strong>Maharashtra <\/strong>ranked first in 2022-23 followed by Gujarat, Tamil Nadu, Karnataka and UP. <strong>These top five states together contributed over 54%<\/strong> of the total manufacturing GVA of the country in 2022-23.<\/li>\n<li><strong>In terms of employment<\/strong>, the top five states were <strong>Tamil Nadu<\/strong>, Maharashtra, Gujarat, UP and Karnataka in ASI 2022-23, contributing <strong>about 55% of total manufacturing employment in 2022-23.<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong>Key takeaways:<\/strong>\n<ul>\n<li>The ASI suggests that the impact of the Covid pandemic has been \u201cwiped out\u201d.<\/li>\n<li><strong>For example<\/strong>, the estimated number of persons engaged in the manufacturing industries in 2022-23 is higher than the pre-pandemic level of 2018-19 by over 22.14 lakh.<\/li>\n<li>The growth is better in sectors where there is a <strong>PLI scheme.<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<hr \/>\n<h3><strong>Q.1. What is the National Sample Survey Office (NSSO)?<\/strong><\/h3>\n<p>NSSO is an organisation in the Ministry of Statistics and Programme Implementation and is the largest organisation in India that conducts regular socio-economic surveys.<\/p>\n<h3><strong>Q.2. What is the Production Linked Incentive (PLI) scheme for manufacturing?<\/strong><\/h3>\n<p>The PLI scheme is a program in India that offers incentives to companies to invest in and expand their manufacturing capabilities. The scheme is part of the Atmanirbhar Bharat (&#8216;Self-Reliant India&#8217;) program.<\/p>\n<p><strong>Source:<\/strong> <a href=\"https:\/\/www.thehindu.com\/business\/annual-survey-of-industries-shows-growth-in-manufacturing-sector\/article68702372.ece\" target=\"_blank\" rel=\"nofollow noopener\">Annual survey of industries shows growth in manufacturing sector<\/a> | <a href=\"https:\/\/indianexpress.com\/article\/business\/economy\/survey-manufacturing-industries-job-growth-at-12-year-high-in-fy23-9596894\/\" target=\"_blank\" rel=\"nofollow noopener\">IE<\/a> | <a href=\"https:\/\/www.business-standard.com\/article-webview\/economy\/news\/make-in-india-played-tremendous-role-in-latest-gva-numbers-piyush-goyal-124100100014_1.html?print=1&amp;isFree=true\" target=\"_blank\" rel=\"nofollow noopener\">BS<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the ASI for 2022-23, the total number of employees in manufacturing industries increased by 7.5% to 1.84 crore in 2022-23 from 1.72 crore in 2021-22<\/p>\n","protected":false},"author":5,"featured_media":42749,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"class_list":{"0":"post-42748","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-mains-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/42748","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=42748"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/42748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/42749"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=42748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=42748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=42748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}