New Delhi, Jan. 29 -- The unincorporated sector saw notable growth between October 2023 and September 2024, with a 12.84% increase in the number of establishments, a 10.01% rise in workforce, and a 16.52% jump in Gross Value Added (GVA) at current prices, compared with the same period in 2022-23, the ministry of statistics and programme implementation (MoSPI) said in a report on Wednesday.

Unincorporated sector enterprises are typically owner-operated businesses that are not registered as separate legal entities from their owners. The unorganized sector is a significant part of the Indian economy.

In its annual survey of unincorporated sector enterprises (ASUSE) for 2023-24, MoSPI said thetotal number of establishmentsin the sector incr...