Ministry of Statistics & Programme Implementation
National Sample Survey Office (NSSO), Ministry of Statistics & Programme Implementation (MoSPI) to host conference on Enterprise Surveys
Posted On:
11 SEP 2024 7:23PM by PIB Delhi
The National Sample Survey Office (NSSO), Ministry of Statistics & Programme Implementation (MoSPI), is set to host a conference on Enterprise Surveys on September 12, 2024, at 10.30 AM in Le Meridien Hotel, New Delhi. This event marks a crucial step in engaging with various business associations and stakeholders to discuss upcoming surveys that will shape the understanding of India's economic and business landscape.
The conference will focus on five major enterprise related initiatives of MoSPI:
1. Annual Survey of Industries (ASI)
2. Annual Survey of Unincorporated Sector Enterprises (ASUSE)
3. Annual Survey of Service Sector Enterprises (ASSSE)
4. Capital Expenditure (CAPEX) Survey
5. Economic Census
These surveys, ASI, ASUSE and ASSSE are designed to provide a comprehensive picture of the non-agricultural sector of the Indian economy on an annual basis and serve as a vital input for compiling GDP and GSDP figures aiding in macroeconomic estimations.
The forward-looking survey on private sector CAPEX investment intentions is aimed at compiling information on CAPEX investments during the last three years and projected CAPEX investment in the next two years including breakdown of CAPEX by type of assets.
These surveys will assist various central and State ministries, and the industries in sector-specific analysis and policy formulation.
Further, the Economic Census gives the total count of establishments in formal and informal sectors and number of workers working therein. In addition, some other critical parameters like nature of economic activity, ownership pattern, nature of operation etc., are also captured in this census. The data collection activity is done through door to door contact with each household and every establishment located in the country.
The conference will host approximately 150 participants, including representatives from about 70 business associations covering all sectors including automotive industries, electronics, textiles and MSME sectors, among others. Detailed presentations will be made on these surveys, highlighting their scope, coverage, policy implications and potential impact on the business community and the economy at large.
This conference represents a collaborative effort between the government and the private sector to enhance the quality and relevance of economic data. By engaging directly with business associations, MoSPI aims to build positive relationships with the business community, ensuring more accurate and effective data collection. Associations can help in gaining the trust of their members, facilitating higher response rates and more reliable data along with ensuring better coverage and participation in the survey.
For more information about the surveys of NSSO, please visit the MoSPI website at www.mospi.gov.in.
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(Release ID: 2053850)
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