Unincorporated manufacturing jobs stay below 2010-11 level, shows NSO data

Data showed that the manufacturing sector employed nearly 33.7 million workers in 2023-24, compared to 34.9 million workers in 2010-11

Employment in the unincorporated manufacturing sector remained below the 2010-11 levels in the October-September period of 2023-24, according to an analysis of the latest Annual Survey of Unincorporated Sector Enterprises data released on Wednesday, alongside the comparable 67th National Sample Survey round conducted in 2010-11 by the National Statistics Office (NSO).  Experts attribute the current lower levels of employment in the manufacturing sector to the continued impact of successive  economic policy shocks such as demonetisation, the  goods and services tax, and Covid-19 pandemic-activated lockdowns. 

Data showed that the manufacturing sector employed nearly 33.7 million workers in 2023-24 period, compared