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Number of non-farm firms rises 13% to 73 mn: Govt
Mint Bangalore
|December 25, 2024
The number of non-farm firms in the country comprising proprietorships, partnerships and self-help groups increased 12.84% to 73.4 million, the Union statistics ministry said, citing an annual survey of enterprises other than companies for the period October 2023 to September 2024.
The ministry said in a statement that its annual survey of unincorporated sector enterprises results for 2023-24 highlighted "significant growth in establishments, employment, and productivity in the unincorporated non-agricultural sector," showing its recovery from the pandemic and its resurgence with renewed momentum.
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