The Economic Survey has revealed that 512 factories were closed in 2022. On the other hand, Average daily EMPLOYMENT increased in the same period. In 2021, there were 36,848 factories which reduced to 36,312 in 2022.
In a few sectors however, average daily employment has reduced. In consumer goods, employment reduced from 13,565 to 6,777. In reconstruction goods, it decreased from 6,850 to 6,010. Only in , it jumped from 2,858 to 3,537. The reduction in numbers was primarily due to the economic impact of the Covid-19 pandemic, according to experts.