• UGI USER
  • Jul 18, 2024
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“IMPACT AND CHALLENGES IN INDIA’S INFORMAL SECTOR”

Why in the news:

“India’s Informal Sector Faces Job Losses and Economic Challenges Amidst External Shocks and Policy Changes.”

source:indianexpress

About The Annual Survey of Unincorporated Sector Enterprises (ASUSE):

  • The Annual Survey of Unincorporated Sector Enterprises (ASUSE) is conducted by the National Statistical Office (NSO) of India.
  • It gathers data on enterprises in the unorganised sector.
  • Originally conducted every five years, it is now an annual survey, with recent rounds for 2021-22 and 2022-23.
Key initiatives of Government related to informal sector:

  • E-Shram Portal: Aims to register unorganised workers, provide welfare schemes, and track their employment data.
  • Labour Codes: Intends to streamline and simplify labour laws, ensuring better protections and conditions for workers.
  • Pradhan Mantri Shram Yogi Maan-dhan: Pension scheme for unorganised sector workers.
  • PM SVAnidhi: Provides micro-credit to street vendors for livelihood support.
  • Pradhan Mantri Kisan Samman Nidhi: Income support scheme for farmers.
  • World Bank Support: Aids India’s informal workers with financial and development assistance to improve their livelihoods.

What is the National Statistical Office (NSO) of India?

  • NSO, under the Ministry of Statistics and Programme Implementation, sets norms and standards for statistical activities in India.
  • It comprises the CSO, Computer Center, and NSSO.
  • NSO compiles monthly Index of Industrial Production (IIP) quick estimates, conducts the Annual Survey of Industries (ASI), and provides data on organised manufacturing sector dynamics.

Associated Article:

https://universalinstitutions.com/high-informal-sector-enterprise-share-in-key-states/