ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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ASI Results for 2011-12

A More Positive View of the Industrial Scene

The latest Annual Survey of Industries report, released for 2011-12, shows a high growth in the value of output, gross value added as well as employment generation. The ASI data suggests that over the past three decades Indian industry has spread to rural areas, creating more value and jobs than in industry located in urban areas. Industry is spending a smaller proportion of value added on interest paymen ts than it did in the earlier decades. However, compared to the 1980s, the share of profi t in gross value added has increased signifi cantly, while factory-floor workers' emoluments as a share of total earnings have reduced.

The authors wish to thank Babita S Shirke for the statistical support rendered for this note.

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