Key Points
Amidst the second Covid lockdown, the number of unincorporated enterprises fell to 5.03 million in the April to July 2021 period but recovered over the months to rise to 59.7 million in the year 2021-22..
This is one of the key findings of the results of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2021-22 and 2022-23 that was released by the Ministry of Statistics and Programme Implementation on Friday..
The surveys assess the number and impact of unincorporated non-agricultural establishments in manufacturing, trade and other services sectors (excluding construction) or the informal sector businesses...
Prior to this, in the ASUSE 2015-16, which was carried out as part of the NSS 73rd round, there were 63.3 million unincorporated establishments in the country with 111.2 million workers.. the first quarter of the survey, that is April-June 2021 has suffered the most due to the pandemic and reported a very less number of establishments and workers..
According to the data, the number of workers employed in these small businesses also fell to 8.56 million in the April-July 2021 period before recovering to 97.8 million in the full year 2021-22..
