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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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