Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023-24

Context: The Ministry of Statistics and Programme Implementation released the results of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023-24, highlighting substantial growth in establishments, employment, and productivity in the unincorporated non-agricultural sector.

Key data from ASUSE 2023-24:

Indicator 2022-23 2023-24
Total establishments 6.50 crore 7.34 crore
Total employment 11 crores 12 crores
Gross Value Added (GVA) 16.52%
Female-owned proprietary establishments 22.90% 26.20%
Average emolument per hired worker 13%
Internet penetration in establishments 21.10% 26.70%

Relevance in UPSC Exam Syllabus:

  • GS Paper 3: Indian Economy
    • Employment Generation: Highlights the unincorporated sector’s contribution to employment.
    • Economic Growth: Insights into GVA growth and digital penetration.
    • MSMEs: Data supports topics related to MSME development and government schemes.
  • GS Paper 2: Governance and Social Justice
    • Women Empowerment: Increase in female entrepreneurship.
    • Digital India: Rising internet penetration aligns with government initiatives.