NSSO Concludes Conference on Enterprise Surveys in New Delhi | Insights for the Economic Future
In a pivotal moment of business awareness, the National Sample Survey Office (NSSO) has concluded its event at the Ministry of Statistics and Programme Implementation (MoSPI), where it announced an exhaustive enterprise survey conference. This gathering focused on five key initiatives: the Annual Survey of Industries (ASI), Annual Survey of Unincorporated Sector Enterprises (ASUSE), Annual Survey of Service Sector Enterprises (ASSSE), Capital Expenditure (CAPEX) Survey, and Economic Census. These surveys aim to provide a comprehensive picture of India’s non-agricultural sector’s economic landscape annually, crucial for building robust GDP and GSDP figures.
The event featured over 150 participants from around 70 business associations across diverse sectors. This gathering was significant as it highlighted the importance of enterprise data in shaping India’s economic policies. Each survey serves a unique purpose:
- ASUSE focused on non-agricultural industries, essential for GDP estimation without agriculture.
- ASSSE covered services, another vital sector for understanding the service sector’s role in the economy.
- CAPEX data aids in investment trends and planning.
- Economic Census provided a comprehensive data source, enhancing economic estimations.
These surveys not only contribute to GDP calculations but also offer actionable insights for businesses, enabling them to make informed decisions about future strategies and investments. The conference’s outcomes are expected to influence policy decisions shaping India’s economic future.
This event underscores the role of enterprise data in driving economic growth and policy formulation. By gathering insights from various sectors, participants can contribute to understanding broader economic trends and developing actionable strategies. This conference promises to be a valuable opportunity for businesses to leverage these insights and enhance their strategic planning.