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Employment In Informal Sector Grows 10%, Says Government Survey

GenevaTimes by GenevaTimes
December 24, 2024
in Business
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Employment In Informal Sector Grows 10%, Says Government Survey
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The informal sector witnessed a 10% increase in employment to over 12 crore during the year ended September 2024, while the number of establishments rose 12% to 7.34 crore, according to a survey by the Ministry of Statistics and Programme Implementation on Tuesday.

In the Annual Survey of Unincorporated Sector Enterprises for 2023–24 — also called ASUSE 2023–24 — data were collected from a total of 4,98,024 establishments (2,73,085 in rural and 2,24,939 in urban) from 16,842 surveyed FSUs (8,523 in rural and 8,319 in urban).

The survey was conducted based on area frame and establishments have been listed in the selected first stage units of both rural and urban sectors.

Barring a few big establishments that had provided annual data from their audited books of accounts, most data were collected from the selected establishments through oral enquiry pertaining to the ‘monthly’ reference period. The data were collected in tablet using computer assisted personal interviewing.

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