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Low-output firms account for 63% jobs in services

Financial Express Pune

|

May 01, 2025

SERVICES SECTOR ENTERPRISES with less than ₹500 crore output accounted for 63.03% of the total employment in the segment, according to a government survey released on Wednesday.

The first pilot study on the Annual Survey of Services Sector Enterprises (ASSSE) conducted by the Ministry of Statistics & Programme Implementation revealed that larger enterprises with output ₹500 crore and above dominate in terms of asset owner

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