ASI Results for 2020-21 and 2021-22 | 10 Feb 2024

Source: PIB

Why in News?

Recently, the Ministry of Statistics and Programme Implementation (MoSPI) released the results of the Annual Survey of Industries (ASI) for the reference periods of 2020-21 and 2021-22 referred to as ASI 2020-21 and ASI 2021-22.

What are the Key Highlights From the ASI 2020-21 and ASI 2021-22 Results?

• Growth in Gross Value Added (GVA):
  • GVA grew by 8.8% in the year 2020-21 over 2019-20, primarily due to a sharp fall in input (4.1%) that offset an output contraction (1.9%) during the pandemic.
  • In 2021-22, GVA surged significantly by 26.6% over the previous year, riding on high growth in industrial output, which expanded by more than 35% in value terms.
  • The year 2021-22 witnessed a sharp rise in level as well as in the growth of the majority of the important economic parameters like invested capital, input, output, GVA, net income and net profit registered by the sector and even surpassed the pre-pandemic level in absolute value terms.
• Key Industry Drivers:
  • Industries such as Manufacture of Basic Metal, Coke & Refined Petroleum Products, Pharmaceutical Products, Motor vehicles, Food Products, and Chemical and Chemical products emerged as major drivers of growth.
    • Together, these industries contributed about 56% of the total GVA of the sector, with a GVA growth of 34.4% and output growth of 37.5% compared to 2020-21.
• Regional Performance:
  • Gujarat remained at the top in terms of GVA in 2020-21 and second in 2021-22, while Maharashtra ranked first in 2021-22 and second in 2020-21.
    • Tamil Nadu, Karnataka, and Uttar Pradesh consistently maintained their positions among the top five states contributing to manufacturing GVA.
• Employment Trends:
  • Despite a marginal fall in employment in 2020-21 due to the pandemic, 2021-22 saw robust growth of 7.0% year-on-year (Y-o-Y) in total estimated employment in the sector.
    • The estimated number of persons engaged in the sector in 2021-22 exceeded pre-pandemic levels by more than 9.35 lakh, with the average salary per employee registering an increase of 1.7% in 2020-21 and by 8.3% in 2021-22 in comparison to respective previous years.
  • Tamil Nadu, Gujarat, Maharashtra, Uttar Pradesh, and Haryana emerged as the top five states employing the highest number of persons in the manufacturing sector in both 2020-21 and 2021-22.
    • Together, these states contributed about 54% of total manufacturing employment in both years.

What is the Annual Survey of Industries (ASI)?

• About:
  • The Annual Survey of Industries (ASI) is the principal source of industrial statistics in India. It started in 1960 with 1959 as the base year and continues annually except for 1972, under the Collection of Statistics Act, of 1953.
  • From ASI 2010-11, the Survey is being conducted under the Collection of Statistics Act, 2008.
    • The Collection of Statistics Act, 2008 has been amended in 2017 as the Collection of Statistics (Amendment) Act, 2017 which extends the coverage to All India.
  • The National Statistical Office (NSO) conducts the ASI. The NSO is part of the MoSPI.
    • The MoSPI is responsible for the coverage and quality of released statistics.
• Scope and Coverage:
  • ASI covers factories registered under Sections 2(m)(i) and 2(m)(ii) of the Factories Act, 1948.
  • Bidi and cigar manufacturing establishments registered under the Bidi & Cigar Workers (Conditions of Employment) Act,1966.
  • Electricity undertakings engaged in generation, transmission and distribution of electricity, not registered with the Central Electricity Authority (CEA).
  • Units with 100 or more employees registered in the Business Register of Establishments (BRE) prepared and maintained by the State Governments as and when such lists are shared by the respective State Governments.
• Data Collection Mechanism:
  • Data for ASI are collected from the selected factories under the Collection of Statistics Act 2008 as amended in 2017 and Rules framed there under in 2011.