Key Points
The latest Annual Survey of Industries (ASI) showed that India swiftly recovered after the Covid-19 pandemic, with employment rising above the pre-pandemic level in 2021-22..
Ishaan Gera explains the importance of ASI, what it measures and its connection with gross domestic product (GDP)...
The Annual Survey of Industries measures industrial statistics that present comprehensive results of the countrys registered manufacturing enterprises..
The 2021-22 results showed that 17.2 million people were employed by enterprises during the fiscal, making a sharp recovery from 2020-21 when employment had declined to 16.1 million from 16.6 million in 2019-20..
While data from the first revised estimates usually relies on the Index of Industrial Production and Wholesale Price Index combined, the second and third revised estimates use the results of the survey to determine the industrial sectors performance..
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