NEW DELHI: These enterprises employed 120.6 million workers, which is an increase of 10% from the same period a year ago, and produced a gross value added (GVA) of ₹18 lakh crore in nominal terms. On a per worker basis, the value added in these informal sector enterprises comes to ₹1,49,742 per year. In nominal terms, this value has increased by ₹7,973 between 2022-23 and 2023-24.
The NSO released these numbers in the factsheet for 2023-24 Annual Survey of Unincorporated Sector Enterprises (ASUSE), which was conducted between October 2023 and September 2024. This is the third round of the ASUSE survey. The last two rounds were conducted between April 2021 to March 2022 and October 2022-September 2023.
When read with the overall output and employment data for the economy, the latest ASUSE results mean that 36.8% of India's non-agriculture workers are employed in these informal sector enterprises and they produce 7.8% of the non-agricultural GVA in the country. When added with employment output share of agriculture, this means that 66% of India's estimated 608 million workers produce about 24% of its total GVA.
هذه القصة مأخوذة من طبعة December 25, 2024 من Hindustan Times Lucknow.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 25, 2024 من Hindustan Times Lucknow.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
'OTT has offered me the genres I wasn't getting previously'
This festive season, actor Tahir Raj Bhasin has more reasons to celebrate – his OTT series Yeh Kaali Kaali Ankhein (YKKA) Season 2 has been well-received, and the show is all set for a third outing.
UP almost in Cooch Behar Trophy semi-finals
FOR BARODA, KESHAV M WARKE REMAINED THE MOST SUCCESSFUL BOWLER, BAGGING 5/45, PAVAN PATEL (2/45) AND AMAHIDA (2/47) SHARED FOUR WICKETS BETWEEN THEM
INDIA EYE WOMEN'S T20 U-19 WORLD CUP TITLE DEFENCE
The Indian women's cricket team has so far been unsuccessful in winning a World Cup, not even after the big boost of coming under the BCCI fold in 2006.
Rohit's mantra: A personalised approach is key
Captaincy demands a mindset as varied as the individuals in the squad. You need to know when to be sympathetic and when to have a stern word or two.
Excelling against all odds is young bowler Sonam's mantra
Excelling against odds has become the sole mantra of young bowler Sonam Yadav and that's why she did her best to emerge on top, helping India win the just concluded Under-19 Women's T20 Asia Cup at Kuala Lumpur, bagging eight wickets in just three matches.
Rupee hits record low for sixth straight session
The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in U.S. bond yields boosted the dollar and strong demand for the greenback from importers added to the lingering pressure on the local currency.
Power capacity takes green leap
Spurred by the approaching expiry of a transmission charge exemption, renewable power developers have begun to hasten completion of their projects.
India bond yields little changed as traders eye fresh global cues
Indian government bonds traded in a tight range before ending little changed on Tuesday, ahead of a holiday, with a rise in U.S. Treasury yields weighing on sentiment.
HURT BY IMPORTS, STEELMAKERS EYE SAFEGUARD DUTY
The commerce ministry's investigation into imports of flat steel products and a likely safeguard duty to curb their shipments have sparked optimism of a turnaround for Indian steelmakers after a tepid year marred by slipping sales prices and shrinking margins.
Informal sector GVA up 16.5%, workers by 10%
The Indian economy had 73.4 million non-farm informal sector enterprises in 2023-24, according to data published by the National Statistics Office (NSO) on Tuesday.
