Contractual workforce in CPSEs crosses pre-pandemic level in FY22

INSUBCONTINENT EXCLUSIVE:
The number of contractual workers hired by the Central Public Sector Enterprises (CPSEs) crossed the pre-pandemic level in FY22, while
regular workers further declined, according to the latest Public Enterprises Survey released on Monday. According to the Survey, in FY22,
the number of contract workers employed by CPSEs increased 9.8 per cent to 524,423
However, the total number of regular workers declined by 1.2 per cent to 8,41,094, continuing with the trend in preceding years. Casual or
daily workers increased 2.4 per cent to 96,690 in FY22
The total number of workers employed by 389 CPSEs increased by 2.7 per cent to 1.46 million in FY22. In FY22, the most number of employees
This was followed by petroleum (refinery and marketing) and heavy and medium engineering at 205,718 and 172,683 respectively. The least
number of workers were employed by agro-based industries and financial services
About 2,381 employees were employed by CPSEs in agro-based industries and 3,234 were employed by financial services CPSEs
Managerial staff, supervisory and non-executive employees fall under the on-roll category
total employees drop by two percentage points to 58 per cent in FY22
The remaining 42 per cent were off-roll employees. The highest share of on-roll employees was in trading and marketing, financial services,
and power transmission in FY22, the survey said
The share of skilled employees as a percentage of total regular employees stood at 79 per cent or 662,206 in FY22. CPSEs in transportation,
vehicles and equipment, telecommunications and information technology, and power transmission had the highest share of skilled employees
Those in industrial and consumer goods, trading and marketing, and coal had the lowest share of skilled regular employees. Prime minister
Narendra Modi in October announced to hire one million employees by 2023 through the central government ministries and departments. While
handing appointment letters to nearly 75,000 newly inducted at the Rozgar Mela in October, prime minister Modi reiterated the government's
commitment to generate employment and provide youth with an opportunity to fulfil their aspirations