Annual Survey of Incorporated Services Sector Enterprises
Why in News?
The Annual Survey of Incorporated Services Sector Enterprises (ASISSE) is recently in the news because the National Statistics Office (NSO) officially launched its first-ever edition on April 6, 2026.
About
- Filling a Data Gap: While manufacturing is tracked by the Annual Survey of Industries (ASI) and the informal sector by ASUSE, there was no consistent annual data for registered service firms until now.
- Reference Period: The survey will collect data for the financial year 2024–25.
- User Outreach: Along with the launch, the government released a user-friendly guide titled "Know Your Survey: A User Guide to ASISSE" to help participating businesses.
- Nodal Agency: Conducted by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI).
- Coverage: It targets enterprises registered under the Companies Act (1956/2013) or the Limited Liability Partnership (LLP) Act (2008).
- Scope of Activities: Covers three broad categories:
- Construction
- Trade
- Other Services (including Transport, Hospitality, IT, Education, Health, and Real Estate).
- Sampling Frame: For the first time, the survey uses the Goods and Services Tax Network (GSTN) database to identify and sample enterprises.
- Scale: More than 1.21 lakh enterprises across all States and Union Territories will be surveyed.
- Pilot Study (2024-25): Before the full launch, a pilot was conducted in two phases using a sample of 10,000+ units.
- Pilot Findings:
- 82.4% of surveyed enterprises were Private Limited Companies.
- 8% were Public Limited Companies and 8% were LLPs.
- Large enterprises (output ₹500 Cr+) dominate in terms of Gross Value Added (69.5%) and Assets (62.8%).
- Smaller enterprises (below ₹500 Cr) account for a significant 63% of total employment.
- GDP Estimation: Provides granular data for more accurate calculation of National Accounts and Gross Value Added (GVA).
- Employment Planning: Helps policymakers understand the workforce dynamics in India's fastest-growing sector.
- Digital India: Tracks the "servicification" of the economy and the adoption of digital tools by formal businesses.
