Annual Survey of Industries (ASI) Results for 2020-21 and 2021-22
Annual Survey of Industries (ASI) Results for 2020-21 and 2021-22
Ministry of Statistics and Programme Implementation (MoSPI) has released the results of Annual Survey of Industries (ASI) for the reference periods April 2020 to March 2021 (i.e. financial year 2020-21) referred to as ASI 2020-21 and for the reference period April 2021 to March 2022 (i.e. financial year 2021-22) referred to as ASI 2021-22 in this press note. The field work for these surveys were carried out during April 2022 to November 2022 for ASI 2020-21 and during March 2023 to September 2023 for ASI 2021-22. A considerable part of the reference period for ASI 2020-21 was affected by the first wave of Covid-19 pandemic that witnessed lockdown and major disruption not only in India but also globally. Part of reference period for ASI 2021-22 witnessed the second wave of the pandemic. The field work of ASI 2020-21 started late as the filing dates for Companies in respect of the financial year ended on 31.03.2021 were extended. This had a spillover effect on the field work of the next survey i.e. ASI 2021-22 which was delayed as well. A brief about the survey in terms of coverage, sampling strategy, data collection mechanism etc. is given at the Endnote.
Annual Survey of Industries is conducted with the primary objective to provide a meaningful insight into the dynamics of change in the composition, growth and structure of various manufacturing industries in terms of output, value added, employment, capital formation and a host of other parameters. It provides valuable input to the National Accounts Statistics at national and state level. The results are prepared at state and major industry level. ASI 2020-21 and ASI 2021-22 results along with write-up are available in the website of the Ministry (https://www.mospi.gov.in).
Key highlights from the ASI 2020-21 and ASI 2021-22 results
[1] Gross Value Added is calculated by subtracting intermediate consumption (input) from the gross value of output
The value of some key parameters from ASI 2017-18 to ASI 2021-22 in current prices is given in the table 1.
Table 1: Value of a few key parameters from ASI 2017-18 to 2021-22 in current prices
(Value figures are in Rupees Lakh)
Year
2017-18
2018-19
2019-20
2020-21
2021-22
Fixed Capital
328,588,927
346,606,975
364,135,165
369,438,562
372,635,444
Invested Capital
446,094,480
477,726,474
497,362,352
519,114,310
554,493,175
Total Persons Engaged (No.)
15,614,619
16,280,211
16,624,291
16,089,700
17,215,350
Total Emoluments
41,835,716
46,207,983
49,172,897
48,389,031
56,082,801
Input
660,520,215
774,377,980
749,755,617
719,206,541
987,917,996
Output
807,217,258
928,179,908
898,330,129
880,921,387
1,192,715,147
GVA
146,697,043
153,801,928
148,574,512
161,714,846
204,797,151
Depreciation
23,729,624
26,155,291
27,309,742
28,135,986
29,964,685
NVA
122,967,418
127,646,637
121,264,771
133,578,860
174,832,466
Endnote: A brief about the coverage, sampling strategy and data collection mechanism in Annual Survey of Industries (ASI)
A. Coverage of ASI:
The Annual Survey of Industries broadly covers the following
B. Sampling Strategy and Sample Size:
Sampling strategy followed in ASI is a mixture of census and sampling. Some units are covered under census/complete enumeration sector and are surveyed every year based on some pre-defined criteria. From the remaining units (called the sample sector), units are selected adopting a stratified circular systematic sampling strategy with State X District X Sector X NIC 3-digit being considered as strata. Total sample size for ASI 2020-21 was 79,589 and that for ASI 2021-22 was 80,764. For further details please refer to the website of the Ministry https://www.mospi.gov.in.
C. 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. The entire survey is conducted through a dedicated web-portal without any paper schedule. For data collection in ASI, an establishment (and not enterprise) approach is followed wherein data are collected from the selected establishments.
D. Survey Disclaimer:
Various quality checks are carried out on the data collected through this survey which is primarily record-based. Relative Standard Errors (RSE) (which is a widely accepted statistical measure of reliability of an estimate) for important parameters estimated from the survey at an overall level are small and well within the acceptable range. However, since the data presented in this result are estimated from sample survey, necessary caution may be taken while using this data (for details please refer to the website of the Ministry https://www.mospi.gov.in).
- Factories registered under Sections 2m(i) and 2m(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.