Latest news with #AnnualSurveyofUnincorporatedSectorEnterprises
Mint
30-07-2025
- Business
- Mint
India taps AI, ML to modernize national surveys, cut data delays, says minister
New Delhi: India has begun integrating artificial intelligence (AI) and machine learning (ML) into national surveys to improve data accuracy, timeliness, and field responsiveness, Rao Inderjit Singh, minister of state (Independent Charge) for the Ministry of Statistics and Programme Implementation and Planning (MoSPI), said Wednesday. In a written response to the Lok Sabha, Singh said AI and ML are now being used in enterprise-level surveys such as the Capital Expenditure (Capex) survey and the Annual Survey of Unincorporated Sector Enterprises (ASUSE), helping officials resolve field-level queries in real time. The initiative is part of a broader effort to make India's statistical architecture more agile and aligned with evolving economic and social conditions. As the economy grows more complex, Singh said, modernizing traditional data systems is critical to capturing emerging trends and enabling timely policy decisions. The adoption of digital tools—including automation and AI—not only improves speed and accuracy but also shortens the time lag in publishing critical statistics. "The primary data collection in all surveys is being done in a digital platform using Computer Assisted Personal Interview (CAPI) or web-based application with an in-built validation mechanism to ensure consistency at the stage of data collection," Singh said. "This facilitates real-time submission and validation of survey data and has resulted in a drastic reduction in the time lag in releasing survey reports," he added. Singh also noted that the ministry has rolled out short-duration, modular surveys in sectors such as telecom and education, aimed at meeting the growing demand for high-frequency, sector-specific socio-economic indicators. MoSPI plays a central role in guiding India's data-driven policy initiatives through a suite of national surveys. Among them are the Periodic Labour Force Survey (PLFS), which tracks employment trends; the Consumer Expenditure Survey (CES), which informs welfare and subsidy policies by detailing household spending patterns; and the Annual Survey of Industries (ASI), which monitors industrial output and structure. The ASUSE, meanwhile, provides a window into India's informal economy. In a separate response, Singh said the government is also working to expand the reach and granularity of these surveys by involving states and union territories more deeply in the process. Beginning January 2025, the sampling design of most ongoing surveys has been revised to generate district-level estimates, with each district now treated as a basic stratum, he said. The move aligns with the Centre's broader agenda on data reform. In the Union Budget 2024-25, finance minister Nirmala Sitharaman highlighted efforts to strengthen data governance and modernize data systems under India's next-generation policy framework. The government also plans to streamline data collection, processing, and management by leveraging sectoral databases developed through the Digital India Mission.
Hans India
28-05-2025
- Business
- Hans India
Meeting held on bettering synergy between data producers, users at ISB
Hyderabad: The National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI), in collaboration with the Indian School of Business (ISB), organised a Data Users Conference on Tuesday. The conference aimed to deepen the interaction between data producers and users by discussing two newly released surveys—the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023–24 and the Forward-Looking Survey on Private Sector Capital Expenditure (CAPEX) Investment Intentions. The event attracted over 200 delegates, including researchers, academicians, economists, representatives from industrial associations and trade bodies, policymakers, international organisation representatives, enterprise representatives, and esteemed institutions from academia and the media. Domain experts and members of the National Statistical Commission (NSC) were also present. The conference was chaired by Dr Saurabh Garg, Secretary of MoSPI, who emphasised the Ministry's core vision of 'Data for Development.' He highlighted MoSPI's role as the largest primary data collector in India, and potentially the world, with survey sample sizes ranging from one to five lakh units. He pointed out several innovations, including the monthly release of the Periodic Labour Force Survey (PLFS) for both rural and urban areas and the forward-looking CAPEX Investment Intentions Survey, which provides insights into future private sector investment trends. Delivering the keynote address, Dr V Anantha Nageswaran, Chief Economic Advisor (CEA), Government of India, commended MoSPI for its commitment to enhancing data granularity. He asserted that a strong conviction for policy reform will be sustained by detailed data insights. He emphasised the importance of macroeconomic indicators based on the recently released reports on the ASUSE and CAPEX investment surveys. Prof. Madan M Pillutla, Dean of the Indian School of Business (ISB), expressed gratitude to MoSPI for their collaboration and emphasized the importance of such data user conferences. He discussed the significance of data collection and the tradition of regularity and reliability that has been upheld. His address also stressed the importance of research, data, capacity building, and cross-validation. Geeta Singh Rathore, Director General (NSS), MoSPI, elaborated on the significance of the data user conference for bridging the gap between data users and data. She briefly highlighted the importance and application of ASUSE and CAPEX data.
Time of India
27-05-2025
- Business
- Time of India
Track credit schemes, add re focus in Capex survey: MoSPI
The Ministry of Statistics and Programme Implementation ( MoSPI ) on Tuesday called for monitoring the utilisation and impact of credit access programmes such as MUDRA to support enterprise formalisation and financial inclusion in the upcoming Private Sector Capital Expenditure (CAPEX) and Annual Survey of Unincorporated Sector Enterprises ( ASUSE ) surveys. In a statement issued after the Data Users Conference in Hyderabad, the ministry said there is a need to include "dedicated questions on investment intentions in renewable energy sources such as biomass, solar, and wind in the upcoming round of the CAPEX survey ." Addressing the gathering, V Anantha Nageswaran, Chief Economic Advisor (CEA), stated that conviction for policy reform must be sustained by the pulse of granular data. "The ASUSE and the Private Sector CAPEX Investment Intention Survey together cover wide ground in providing a realistic picture of activity in India's private sector," he said. The ministry also recommended enriching the ASUSE database by profiling the age of proprietary and partnership establishments and proposed capturing information on the reasons behind starting businesses in the unincorporated sector to enhance establishment profiling. Live Events
The Hindu
27-05-2025
- Business
- The Hindu
CEA bats for advancing land, labour reforms
Chief Economic Adviser V. Anantha Nageswaran on Tuesday underscored the need for India to view the crisis in global economy as an opportunity to introduce more reforms, especially land and labour. India's macroeconomic picture may be one of smooth sailing despite turbulent global waters. Yet the 'ongoing or brewing crisis' in global economy presents an opportunity to advance the cause of reforms in factor markets like land, labour and even intangible factor of production like knowledge, he told a Data User's Conference the NSO, Union Ministry of Statistics and Programme Implementation organised at the Indian School of Business here on Tuesday. Countries use crises as opportunities to surge ahead in prosperity and standards of living, said, seeking to highlight the growth opportunities emerging amid the China +1 production strategy of global firms. 'Right now, India's macro numbers paint a very promising picture. As per the Second Advanced estimates published by the National Statistics Office, the GDP real and nominal growth rates have been pegged at 6.5% and 9.9% respectively in 2024-25. This is the highest amount the major economies of the world,' he said. The conference was on the results of Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24 and the Forward-Looking Survey on Private Sector Capital Expenditure (CAPEX) Investment Intentions. Noting granular data is crucial for building conviction for policy reform, Mr. Nageswaran said the findings of the two surveys provide insights into the state of the health of the private sector. Much remains to be done from that perspective, he said, adding how 'firms don't seem to be keen on opportunistic effects, which this survey defines as investment on new business activities expected to have more profitability or scope in the future.' An indication of this is meagre share of research and development in the provisional capex per enterprise. Large enterprises ought to pursue a medium to long term thinking beyond short term profitability, he said. Secretary to MoSPI Saurabh Garg highlighted enhancements in data dissemination through an upgraded portal featuring API access, interactive visualisations and strategic collaborations with academic and global partners. The conference was aimed to foster constructive dialogue between data producers and data users, facilitating knowledge exchange and showcasing India's rigorous data collection as a foundation for transformative policy reforms, the organisers said in a release. ISB Dean Madan Pillutla said in an era of advanced analytics, integrity of data is critical for building robust predictive models and deriving actionable insights.
&w=3840&q=100)
Business Standard
27-05-2025
- Business
- Business Standard
MoSPI calls to monitor MUDRA impact in upcoming CAPEX, ASUSE surveys
The Ministry of Statistics and Programme Implementation (MoSPI) has called for monitoring the utilisation and impact of credit access programmes such as MUDRA to support enterprise formalisation and financial inclusion in the upcoming Private Sector Capital Expenditure (CAPEX) and Annual Survey of Unincorporated Sector Enterprises (ASUSE) surveys. The National Statistical Office (NSO), in collaboration with the Indian School of Business (ISB), organised a data users' conference on Tuesday to strengthen the interaction between data producers and users. In addition, the ministry recommended enriching the ASUSE database by profiling the age of proprietary and partnership establishments. It also proposed capturing information on the motivation behind starting businesses in the unincorporated sector to enhance establishment profiling. Addressing the gathering, V. Anantha Nageswaran, Chief Economic Advisor (CEA), stated that conviction for policy reform must be sustained by the pulse of granular data. Among other topics, the conference focused on expanding the ASUSE and CAPEX datasets to include foreign direct investment (FDI), exports, imports, and participation in global value chains, aligning with India's Vision 2047 goals. The ministry also suggested that upcoming surveys should include dedicated questions on investment intentions in renewable energy sources, such as biomass, solar, and wind, in the next round of the CAPEX survey.
