Annual Survey of Industries (ASI)
- August 18, 2022
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Annual Survey of Industries (ASI)
Subject: Economy
Section: National Income
Context: The final results of the Annual Survey of Industries (ASI) released by the Ministry of Statistics and Programme Implementation (MoSPI).
Details:
- The number of factories in the country increased by 1.7 per cent year-on-year to 2.46 lakh in FY20, employing a total of 1.3 crore workers,
- The number of factories stood at 2.42 lakh in 2018-19 and 2.37 lakh in the post-demonetisation year of 2017-18.
- Sectoral break up:
- Employment in the corporate sector, including public and private government and non-government companies, rose 5.5 per cent to 97.02 lakh in FY20,
- Employment in individual proprietorship declined 3.1 per cent to 11.36 lakh.
- Employment in the partnership sector fell by 11.7 per cent to 18.58 lakh in 2019-20
- Employment in the limited liability partnership grew 42 per cent to 1.22 lakh.
- In FY20, urban areas had 1.43 lakh factories employing 72.79 lakh workers, while rural areas had 1.03 lakh factories, employing 57.78 lakh workers.
- Tamil Nadu showed the highest number of employment of workers in factories at 22.09 lakh in 2019-20, followed by Gujarat with 15.89 lakh workers and Maharashtra with 14.54 lakh workers.
About the Annual Survey of Industries (ASI):
- The Annual Survey of Industries (ASI) was released by the Ministry of Statistics and Programme Implementation.
- It is the principal source of industrial statistics in India, and is the most comprehensive data on organised manufacturing.
- The ASI data relates to factories employing 10 or more workers using power and those employing 20 or more workers without using power.
- Workers figures include all persons employed directly or through any agency whether for wages or not and engaged in any manufacturing process or in cleaning any part of the machinery or premises used for manufacturing process or in any other kind of work connected with the manufacturing process.
- Labour engaged in the repair & maintenance, or production of fixed assets for factory’s own use, or employed for generating electricity, or producing coal, gas etc. are also included in the count of workers.
- It provides information about the composition and structure of the organised manufacturing sector comprising activities related to manufacturing processes, repair services, gas and water supply and cold storage.
- The ASI is conducted annually under the Collection of Statistics Act, since 1959, to obtain comprehensive and detailed statistics of the industrial sector with the objective of estimating the contribution of registered manufacturing industries as a whole to the national income.
Annual Survey of Industries (ASI) Vs Index of Industrial Production (IIP)
IIP is a short term indicator of industrial growth till the results from Annual Survey of Industries (ASI) and National Accounts Statistics (Eg: GDP) are available.
Annual Survey of Industries (ASI) | Index of Industrial Production (IIP) |
It provides information about the composition and structure of the organised manufacturing sector comprising activities related to manufacturing processes, repair services, gas and water supply and cold storage. | The Index of Industrial Production (IIP) is an index which shows the growth rates in different industry groups of the economy in a stipulated period of time. |
ASI is calculated on an annual basis by the Ministry of Statistics and Programme Implementation. | The IIP index is computed and published by the Central Statistical Organisation (CSO) on a monthly basis. |
ASI data is based on the actual book of accounts and other documents maintained by registered factories. | The IIP is compiled on the basis of data sourced from 16 ministries/ administrative departments. |
The ASI has been conducted under the Collection of Statistics Act, since 1959. | Data for IIP are collected by various source agencies under different Acts/statutes. |