Fresh central govt, CPSU hiring at 11-month high, shows NPS data

Fresh formal hiring by the central government and the central public sector undertakings (CPSUs) increased for a second month running in January, rising to an 11-month high, showed the latest New Pension Scheme (NPS) data released by the National Statistics Office (NSO) on Friday.

The number of new monthly subscribers under the central component of the NPS increased by 27.2 per cent to 12,349 in January 2023, from 9,705 subscribers in December 2022.

Earlier, 13,112 new subscribers had joined the NPS in February 2022. 

Since the Centre has mandated NPS for all new government jobs, analysts believe that the monthly