Annual Survey of Industries

• Context (IE): The Ministry of Statistics and Programme Implementation released the results of the Annual Survey of Industries (ASI) for 2020-21 and 2021-22. 
• MoSPI publishes the Annual Survey of Industries (ASI) results based on the annual survey conducted by the National Sample Survey Office (NSSO) for each year.
• It is the principal source of Industrial Statistics in India.

Coverage

• It covers all factories registered under the Factories Act, 1948, Bidi and Cigar Workers (Conditions of Employment) Act 1966.
• All electricity undertakings engaged in the generation, transmission, and distribution of electricity, not registered with the Central Electricity Authority (CEA) are also covered under ASI.
• It covers factories employing 10 or more workers using power and those employing 20 or more workers without power.
• Defence establishments, oil storage and distribution depots, departmental units such as railway workshops, RTC workshops, Govt. Mints, sanitary, water supply, gas storage etc. are excluded from the purview of the survey.

Key Findings

• Gross value added grew by 8.8% in 2020-21 (in current prices).
• In both these years, the registered organised manufacturing sector grew at a faster pace than the unorganised sector.
• Industries that drove growth during 2021-22: Basic metal, coke, and refined petroleum products, pharmaceuticals, motor vehicles, and chemicals.
• Profits in the manufacturing sector grew sharply for the pandemic-affected years, rising by 42.3%.