India's unincorporated sector saw a 13% rise in businesses, boosting jobs and digital usage in 2023-24.

In 2023-24, India's unincorporated sector saw a 13% rise in establishments, now totaling 7.34 crore, with employment increasing by 10% to over 12 crore workers. Women-owned businesses grew by 3%, reaching 26.2%. The Gross Value Added (GVA) surged by 16.52%, reflecting a robust economic impact. Average wages rose by 13%, and digital adoption via internet usage climbed to 26.7%.

3 months ago
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