Regular employees in CPSEs drops 3.1% to 0.81 million in FY24: Survey

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Regular employees in CPSEs drops 3.1% to 0.81 million in FY24: Survey - Business Standard

Quick Summary:

CPSEs across categories employed a total of 1.5 million people in FY24, reflecting a growth of 2.

The power transmission, heavy and medium engineering, and telecommunications and information technology sectors had the highest proportion of skilled regular employees, while the industrial and consumer goods, trading and marketing, and coal sectors had the lowest.

The distribution of these CPSEs by turnover for FY24 indicates that 166 CPSEs have gross revenues of less than Rs 1,000 crore, 59 have revenues between Rs 1,000 and Rs 5,000 crore, eight between Rs 5,000 and Rs 10,000 crore, 22 between Rs 10,000 and Rs 25,000 crore, eight between Rs 25,000 and Rs 1,00,000 crore, and nine have revenues exceeding Rs 1,00,000 crore.