Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Provisional Results of Annual Survey of Industries 2010-2011

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Provisional Results of Annual Survey of Industries 2010-2011 - News and Press Release Dated:- 31-12-2012 - News - Press Information Bureau Government of India Ministry of Statistics Programme Implementation 31-December-2012 12:06 IST Provisional results of Annual Survey of Industries (ASI) 2010-11, conducted by Central Statistics Office and National Sample Survey Office under the Ministry of Statistics and Programme Implementation have been released. The survey provides information on factories registered under Factories Act, 1948 and Bidi and Cigar establishments registered under the Bidi and Cigar Workers (Conditions of Employment) Act, 1966. Field work for the survey was carried out during 2011-12 throughout the count .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ry with a reference period coinciding with the fiscal year 2010-2011. Total sample size for the survey was 61,573 which represented about 27% of the total population and was drawn adopting stratified circular systematic sampling procedure. The highlights of the provisional results are as follows: Principal Aggregates All India Annexure-I presents the estimates for principal characteristics for all industries taken together at all-India level for 2010-11 with comparative estimates for the preceding five years. Industry-wise and state-wise performances of few characteristics are given below: Number of factories Total number of estimated factories 1 is 2,11,660, which is 33.22% higher than that of the last year. Among the indu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... stries, highest number of factories is observed in Food products , which accounts for about 16.1% of the total factories in all industries followed by Other non-metallic mineral products (11%) and Textiles (8.8%). Among the states, highest number of factories is observed in Tamil Nadu (17.4%), followed by Maharashtra (13.2%), Andhra Pradesh (12.4%), Gujarat (10.1%) and Uttar Pradesh (6.5%). Fixed Capital At all India level, fixed capital in current prices has grown by 19% as against 28% in the last year. In constant prices (2004-05), the growth remains 12.5% in 2010-2011 as against 25% in the previous year. Highest fixed capital is observed in the Basic Metal industry (21.7%), followed by Coke and Refined Petroleum Products ( .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 9.6%). At state level, Gujarat has the highest fixed capital share (17%), followed by Maharashtra (14.5%), Andhra Pradesh (10%), Tamil Nadu (9.2%) and Odisha (7.1%). Employment and Emoluments Employment in terms of total persons engaged has increased by 7.8% at all India, over the previous year, whereas the emolument (compensation) to employees has increased by 24.8% in current prices and 18.1% in real terms. Among all industries, Food products generated the highest employment (12.2%), followed by Textiles (11.5%) , Basic metals (8%), Other non-metallic mineral products (7.3%) and Wearing apparel (6.9%). Performance of top ten states in terms of employment, along with their percentage share in all India employment figure is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... given below: States (% share in empl.) Tamil-Nadu (15.4%) Maharashtra (13.4%) Andhra-Pradesh (10.3%) Gujarat (10.1%) Uttar-Pradesh (6.4%) Karnataka (6.2%) West Bengal (5%) Punjab (4.8%) Haryana (4.3%) Rajasthan (3.4%) Rank in terms of employment 1 2 3 4 5 6 7 8 9 10 In terms of emoluments or compensation to employees, Basic Metal has the highest share (11.2%) followed by Machinery and equipments (8.3%), Motor vehicles, trailers and semi-trailers (8%), Food products (7.7%) and Textiles (7.6%). Among the states, top five positions in term of compensation have been occupied by Maharashtra .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... (19.2%), Tamil Nadu (13.1%), Gujarat (10.6%), Andhra Pradesh (7.7%) and Karnataka (7.2%). Gross Value Added (GVA) The gross value added has grown by 19.5% in current prices and 13.1% in constant (2004-05) prices. The corresponding growth in GVA in 2009-10 over 2008-09 was 14.1% and 11.6% respectively. By type of industry, the first three positions in terms of gross value addition have been occupied by Basic Metals (12.2%), Coke and Refined Petroleum Products (10.6%) and Chemicals and chemical products (8.9%) respectively. Performance of top ten states in terms of GVA, along with their percentage share in all India GVA is given below: States (% share in GVA) Maharashtra (20.5%) Gujarat (13.2%) Tamil Na .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... du (10.3%) Andhra Pradesh (8.4) Uttar Pradesh (6.2%) Karnataka (5.9%) Uttarakhand (3.9%) Haryana (3.6%) West Bengal (3) Punjab (2.8%) Rank in terms of GVA 1 2 3 4 5 6 7 8 9 10 Structural Ratios and Technical Coefficients A few structural ratios and technical coefficients derived from the macro level estimates of principal characteristics for the current and the preceding four years have been given in Annexure-II. The survey results revealed that in 2010-11, a factory with an average investment of Rs. 760 Lakhs in fixed capital have provided gainful employment to 60 persons, produced goods and services at ex-factory p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rices worth Rs. 2,214 Lakhs and contributed by way of net value added by manufacture Rs. 337 Lakhs to the national income. However, taking an employee as a unit of measurement, the survey revealed that an employee in the organized manufacturing sector during 2010-11 has, on an average, worked with a fixed capital stock of Rs.12,64,382, gave an output of Rs. 36,84,377 and contributed to the national income by way of net value added by manufacture Rs. 5,60,409. The corresponding averages in the preceding year were, respectively, Rs. 1,14,66,904, Rs. 31,65,721 and Rs. 4,02,779. The capital output ratio which is a measure of the capital required to produce one unit of net output (net value added) has decreased marginally from 2.28 in 2009-10 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to 2.26 in 2010-11. The capital required to produce one unit of gross output has also marginally decreased from 0.36 in 2009-10 to 0.34 in 2010-11. Level of efficiency (ratio of net value added to gross output) has, however, slightly decreased from 0.16 to 0.15. While the average number of employee working per factory has decreased from 74 in 2009-10 to 60 in 2010-11, average emoluments per employee has, however, increased from Rs. 1,24,666 to Rs. 1,44,251 in current prices during the same period. 1 Prior to ASI 2010-11, although the samples were drawn from domain of units with the statuses open , closed and non-operative ; separate procedure was followed for estimating the number of factories and number of factories in oper .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ation . While the units with the status code 1 (i.e., open) only were considered as surveyed cases for estimating the number of factories in operation , the units with the status codes 1 and 2 (i.e., open and closed respectively) were considered as surveyed cases for estimating the number of factories , and accordingly the multipliers (weights) were calculated. Now, all the units with codes 1 , 2 and 3 , that is, all units with open , closed and NOP statuses are similarly placed and are considered as surveyed cases for estimating the number of factories and multipliers (weights) were calculated accordingly. After deriving the estimates mentioned above, all the rates and ratios are derived for per number of factories . Th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e earlier method, if followed, will result in 8% growth in the number of units during 2010-11compared to 2009-10. Click here to see Annexures. **** AD/DB - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates