The Nagaland government had more than 222 crore rupees in outstanding liabilities under the National Pension Scheme (NPS) as of March 31, 2023.
The State Finances Audit Report of the Comptroller and Auditor General of India for the year ending March 31, 2023, revealed that there were 32,760 employees under NPS as of that date.
During 2022-23, a total of 350.65 crore rupees was received in subscriptions, including both employee and government contributions.
However, the government transferred only 332.83 crore rupees to the trustee bank. This shortfall, added to the existing balance of 204.24 crore rupees from the previous year, resulted in liabilities amounting to 222.07 crore rupees, according to the report.
(With inputs from AIR News)