)
Punjab has been ranked top with the highest compounded annual growth rate (CAGR) of over 46 per cent in employment generation by the central public sector enterprises (CPSEs) in five years between 2008-09 and 2012-13, according to a study conducted by the Associated Chambers of Commerce and Industry of India (Assocham).
"Only Maharashtra (11.5 per cent), Bihar (3.7 per cent) and Odisha (1.8 per cent) have recorded a growth in employment generation by the CPSEs while rest of the major 20 states have seen a decline. Even nationally the employment in CPSEs has plummeted by about eight per cent during the aforesaid period," said the study. About 22,200 people were employed by CPSEs in Punjab in 2008-09, which had increased to over 32,500 in 2012-13, while nationally about 1.53 million people were employed by CPSEs, which significantly came down to about 1.4 million in 2012-13, the study noted.
Besides, Punjab had also registered an increase of about one per cent in its share in total employment generated by CPSEs, highlighted the study.
While Maharashtra has the highest share of 12.5 per cent in total employment generation by CPSEs in 2012-13, which had increased from 10.3 per cent in 2008-09 followed by Jharkhand (11.3 per cent) and West Bengal (10.9 per cent).
"CPSEs have made significant contribution towards employment generation in the organised sector as they accounted for 4.7 per cent share in total employment generated by public and private sector in 2012-13," said D S Rawat, national secretary general of Assocham.
With a share of just about 0.7 per cent, Punjab had attracted investments worth just about Rs 3,906 crore of the total amount of Rs 5.5 lakh crore invested by the CPSEs during 2008-09 and 2012-13.
However, Punjab has remained slightly ahead of Haryana, which with a share of 0.6 per cent, had attracted CPSEs' investments worth about Rs 3,186 crore during the same period.
