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Fresh public sector employment declined in 2022 by 8.8%, shows data

The share of young women getting these jobs, however, declined to 35.4 per cent in 2022, from 37.1 per cent in the preceding year, contrary to the trend seen at the Centre

Photo: Shutterstock

Photo: Shutterstock

Shiva Rajora New Delhi
After picking up in 2021 from pandemic lows in the preceding year, the number of subscribers under the new pension scheme (NPS) of both the central and state governments, including public sector enterprises, declined 8.8 per cent to 565,500 in 2022.

Since the Centre and states have mandated NPS for all government jobs, analysts believe NPS could be considered a proxy for new employment generation by the public sector. However, a few Opposition-ruled states, including Rajasthan, Chhattisgarh, Himachal Pradesh, Jharkhand, and Punjab, have recently announced a return to the old pension scheme (OPS), thereby abandoning NPS.

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First Published: Feb 27 2023 | 9:32 PM IST

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