Annual Survey of Unincorporated Sector Enterprises (ASUSE) Results for 2021-22 and 2022-23 | Current Affairs | Vision IAS
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    Annual Survey of Unincorporated Sector Enterprises (ASUSE) Results for 2021-22 and 2022-23

    Posted 06 Jul 2024

    2 min read

    ASUSE was conducted by National Sample Survey Office, Ministry of Statistics and Programme Implementation. 

    • ASUSE covered unincorporated non-agricultural establishments pertaining to proprietorship, partnership (excluding Limited Liability Partnerships), Self-Help Groups (SHG), co-operatives, societies/trusts etc.

    About Unincorporated Enterprise

    • It is a producer unit which is not incorporated as a legal entity separate from the owner. 
    • The fixed and other assets used in unincorporated enterprises do not belong to the enterprises but to their owners.
    • Enterprises as such cannot engage in transactions or contractual relationships with other economic units nor incur liabilities on their own behalf.

    Key highlights of Survey (2022-23)

    • Establishments in the sector grew by 5.88% (from 2021-22) to 6.50 crore, out of which about 55% belong to rural areas.
    • Highest number of establishments are in Uttar Pradesh, West Bengal and Maharashtra.
    • Gross Value Added (GVA) showed a 9.83% increase from 2021-22.
    • Women entrepreneur led 54% of proprietary establishments in the Manufacturing sector.
    • Rapid rate of digitization with a 7.2% increase in use of internet for entrepreneurial purpose. 
    • Improvement in credit availability showcased by increase in outstanding loan per establishment to Rs. 50,138 in 2022-23.

    Significance of Unincorporated Enterprises

    • Pivotal contribution to GDP and employment generation (11 crore workers employed in 2022-23). 
    • Integral part of supply chain as they support incorporated sector by acting as suppliers and service providers. 

    Challenges to Unincorporated Enterprises

    • Lack of access to formal credit and lack of registrations. 
    • Minimum regulatory oversight leaves them vulnerable to economic shocks and policy changes.
    • Tags :
    • National Sample Survey Office
    • Unincorporated Sector Enterprises
    • Unincorporated Enterprises
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