By K. Ashwin Mob: 00919920183006 E-mail: firstname.lastname@example.org
Productivity of Indian industries, as measured by the gross value added and the capital output ratio, improved in 2010-11 from a year before, as per the provisional results of the Annual Survey of Industries released in New Delhi today.
Gross value added—a key measure of productivity—grew 19.5% in 2010-11, as compared to 14.1% rise in the previous year. The basic metals, coke and refined petroleum products and chemical products sectors added the most value in 2010-11. Gross Value Added was recorded at Rs 8,33,248 crores during 2010-11 against Rs 6,97,182 crores in the previous year. Maharashtra topped the Gross Value addition chart with 20.5% share, followed by Gujarat 13.2%, Tamilnadu 10.3%, Andhra Pradesh 8.4%, Uttar Pradesh 6.2% and Karnataka 5.9%. Uttarakhand, Haryana, West Bengal and Punjab were the other industrialized states in the Top Ten list.
Capital output ratio, a measure of the capital required to produce one unit of net output, remained more or less unchanged at 2.26 in 2010-11 compared with the 2.28 ratio for a year before.
The number of factories stood at 2,11,660 as in 2010-11, with food products accounting of 16.1 per cent. Among the states, highest number of factories were in Tamil Nadu (17.4%), followed by Maharashtra (13.2%), Andhra Pradesh (12.4%), Gujarat (10.1%) and Uttar Pradesh (6.5%).
Fixed Capital – an indicator of investment – went up by 18.9 % to reach Rs 16,07,843 crores during 2010-11 from Rs 13,52, 183 crores in 2009-10. Gujarat had the highest fixed capital share (17%), followed by Maharashtra (14.5%), Andhra Pradesh (10%), Tamil Nadu (9.2%) and Odisha (7.1%).
Employment in terms of total persons engaged increased by 7.8% at all India level. Among all industries, ‘Food products’ generated the highest employment (12.2%), followed by ‘Textiles’ (11.5%) , ‘Basic metals’ (8%), ‘Other non-metallic mineral products’ (7.3%) and ‘apparels’ (6.9%). State-wise Tamilnadu had the highest number of industrial workers with a 15.4% share, followed by Maharashtra (13.4%), Andhra Pradesh (10.3%), Gujarat (10.1%), Uttar Pradesh (6.4%) and Karnataka (6.2%).
The Annual Survey of Industries (ASI) 2010-11, was conducted by the Central Statistics Office and National Sample Survey Office under the Ministry of Statistics and Programme Implementation, Government of India. The survey provides information on factories registered under Factories Act, 1948 and Bidi and Cigarette establishments registered under the Bidi and Cigar Workers (Conditions of Employment) Act, 1966. Field work for the survey was carried out during 2011-12 throughout the country with a reference period coinciding with the fiscal year 2010-2011. Total sample size for the survey was 61,573 which represented about 27% of the total population and was drawn adopting stratified circular systematic sampling procedure.