It has been released by National Statistics Office, Ministry of Statistics and Programme Implementation (MoSPI) for the reference period October 2023 – September 2024.

About ASUSE

• Objective: To measure various economic and operational characteristics of unincorporated non-agricultural establishments in manufacturing, trade and other services sector (excluding construction).
• Purpose: Input for policymaking, supporting national accounts statistics & requirements of key ministries, data-driven decisions etc.

Key findings

• Number of Establishments in the sector increased to 7.34 crore, representing a 12.84% growth from 2022-23.
  • Percentage of female-owned proprietary establishments increased to 26.2% from 22.9% in 2022-23, indicating an increase in female entrepreneurship.
• Gross Value Added (GVA) contribution grew by 16.52% (at current price), driven by growth in other services sector.
• Sector employed more than 12 crore workers and GVA per worker, which is a measure of labour productivity, increased by 5.62% (in current prices).
• Percentage of establishments using internet have also grown to 26.7% from 21.1% in 2022-23, reflecting a strong trend toward digital adoption.

Significance of unincorporated non-agricultural sector

Contributes to employment generation & GDP; promotes entrepreneurship; backbone for incorporated sector by reinforcing its role in the domestic supply value chain etc.