NEW DELHI: Unincorporated sector enterprises witnessed a 10.01 per cent increase in employment to over 12 crore during the year ended September 2024, while the number of establishments rose 12.28 per cent to 7.34 crore, according to a government survey.
The survey, which covers unincorporated non-agriculture sector enterprises, showed gross value added (GVA) grew 16.52 per cent during the October 2023-September 2024 period.
These findings form part of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023-24 for the reference period - October 2023 - September 2024 - referred to as ASUSE 2023-24, released by the Ministry of Statistics and Programme Implementation on Tuesday.
The sector employed more than 12 crore workers between October 2023 and September 2024, marking an increase of more than one crore workers from 2022-23 and reflecting robust labour market growth.
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Employment grows 10%, unincorporated establishments rise 12.28%: Govt survey
\"These findings form part of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) for FY24 for the reference period - Oct 2023 - Sept 2024\"
