TNPSC Thervupettagam

Annual Survey of Unincorporated Sector Enterprises 2023/24

December 28 , 2024 12 hrs 0 min 17 0
  • The ministry of statistics and program implementation (MoSPI) will launch the next Annual Survey of Unincorporated Sector Enterprises (ASUSE) in January.
  • The last survey was conducted between October 2023 and September 2024.
  • The next survey will try to capture district-wise data also to help provide details on how unincorporated enterprises fuel local economies across districts.
  • Additionally, GDP figures, which are currently available at the national and state level, will be extended to the district level.
  • Unincorporated establishments are non-agricultural enterprises, which are not registered under the Companies Act, 1956 or the Companies Act, 2013.
  • The last survey covered 498,024 establishments, of which 273,085 were from rural areas and 224,939 from urban areas.
  • Its results, released this week, have highlighted a 12.8% increase in the number of unincorporated establishments to 73.4 million in 2023-24 from 65.1 million in the year before.
  • The services sector alone is accounted for the largest share at 30.4 million establishments.
  • It is followed by trade at 22.8 million and manufacturing at 20.1 million.

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