The Annual Survey of Industries (ASI) reports a 7.5% rise in manufacturing employment in FY23.

Economy Business | Dated: 06 Oct 2024

The Annual Survey of Industries (ASI) reported a 7.5% increase in manufacturing employment in the financial year 2022-2023 (FY23), reaching 1.85 crore, up from 1.72 crore in FY22.

🎯 Key Highlights:

  • * The survey's fieldwork spanned November 2023 to June 2024, or covering FY 2022-2023.
  • * Employment in manufacturing surpassed pre-pandemic levels (2018-19) by 22.14 lakh.

💡 Other Important Facts:

  • (i) Average emoluments per person rose by 6.3% compared to FY22.
  • (ii) Gross Value Added (GVA) in current prices increased by 7.3% over FY22.

📚 Test Your Knowledge:

Recently, the Annual Industrial Survey (ASI) reported how much growth in manufacturing employment in FY23?

Correct Answer: 7.5%

🚀 Quick Recap: