New Delhi, February 5
Employment fell marginally in 2020-21 due to the pandemic but gained momentum in 2021-22 with 7% year-on-year growth in the manufacturing sector, according to the Annual Survey of Industries. “In fact, the estimated number of persons engaged in this (manufacturing) sector in 2021-22 has exceeded the pre-pandemic level (that is 2018-19) by more than 9.35 lakh,” a Ministry of Statistics and Programme Implementation (MoSPI) statement said.
At the same time, it added that average emoluments also registered an increase. Average salary earned per employee in this sector had gone up by 1.7 per cent in 2020-21 and 8.3 per cent in 2021-22, in comparison to respective previous years, it explained.
The number of persons engaged in industries dipped from 1,66,24,291 in 2019-20 to 1,60,89,700 in 2020-21, but increased to 1,72,15,350 in 2021-22, showed ASI. The MoSPI has released the results of the Annual Survey of Industries (ASI) for the reference periods April 2020 to March 2021 (i.e. the financial year 2020-21) referred to as ASI 2020-21 and for the reference period April 2021 to March 2022 (i.e. the financial year 2021-22) referred to as ASI 2021-22.
The results for the year 2021-22 exhibit the resilience shown by the Indian manufacturing sector and tell the unique turn-around story of the Indian manufacturing sector after the adverse effect of the pandemic witnessed in 2020-21. — PTI
9.35 lakh more jobs
The estimated number of persons engaged in manufacturing sector in 2021-22 exceeded the pre-pandemic level by more than 9.35 lakh, says Ministry of Statistics and Programme Implementation.
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