The Ministry of Statistics and Programme Implementation (MoSPI) plans to compile a national business register of all business enterprises in the country that can be periodically updated. ET explains the purpose of this exercise.

WHAT IS A NATIONAL BUSINESS REGISTER?

Just as the National Population Register records the details of every citizen, the envisaged business register will have district-wise details of establishments engaged in production or distribution of goods or services. The details will include the name of an enterprise, its location, activities, type of ownership, number of workers and PAN/TAN. The register will list all business enterprises operating in the country.

HOW IS IT DIFFERENT FROM THE DATA ALREADY BEING COLLECTED?

At present, the government conducts an Annual Survey of Industries (ASI), which is the principal source of industrial statistics. It covers relatively bigger units relating to manufacturing and repair sub-sectors but doesn’t cover other industrial sectors. Besides, ASI covers only the organised sector. In contrast, the proposed business register will list all units registered for any economic activity including health, education and trade.

HOW WILL IT HELP?

Nearly 80% of India’s businesses fall under the unorganised sector, information about which is very sketchy. The register will capture economic data from both organised and unorganised sectors, helping get a better fix on economic activity and the jobs situation in the country.

HOW WILL THE DATA BE COLLECTED?
The business register will list establishments at the district-level covering seven Acts and authorities — the Factories Act, the Shops and Commercial Establishments Act, the Companies Act, the Societies Registration Act, the Co-operative Societies Act, the Khadi and Village Industries Board and the Directorate of Industries. Data will be collected from registration records and surveys.

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WHAT IS THE STATUS OF THE REGISTER?

Rajasthan and Tamil Nadu are among a few states that have created business registers but dynamic updation of these registers is not happening. Training programmes have started and the govt plans to begin the field work in June.





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