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NPS-Traders Statistics: Registrations by Year and State

· 1 min read · 2 official sources

Quick answer

52,674 traders and self-employed people had registered under the National Pension Scheme for Traders and Self-Employed Persons by August 2023, according to a Rajya Sabha reply by the Labour Ministry. Most joined in the launch year, 2019-20. Year-wise registrations and the top states are below.

National Pension Scheme for Traders and Self-Employed Persons (NPS-Traders): key numbers

Total registrations
52,674
As on 10 August 2023 · pib.gov.in
Registrations in 2019-20
37,483
As on 10 August 2023 · pib.gov.in
Registrations in 2022-23
2,427
As on 10 August 2023 · pib.gov.in
Registrations in Uttar Pradesh
12,313
As on 10 August 2023 · pib.gov.in
Registrations as on 12 Feb 2023
52,211
As on 12 February 2023 · pib.gov.in

Infographic

National Pension Scheme for Traders and Self-Employed Persons (NPS-Traders) statistics infographic
Download infographic (AVIF)

NPS-Traders registrations by year

New registrations each financial year since the scheme was launched in September 2019. The reply was given on 10 August 2023, so 2023-24 covers only part of the year.

NPS-Traders registrations by year NPS-Traders registrations by year. Source: pib.gov.in, as on 2023-08-10 NPS-Traders registrations by year Registrations (registrations) 0 12,500 25,000 37,500 50,000 37,483 6,655 5,780 2,427 329 2019-20 2020-21 2021-22 2022-23 2023-24 (par Source: pib.gov.in, as on 2023-08-10 schemekosh.com
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YearRegistrations
2019-2037,483
2020-216,655
2021-225,780
2022-232,427
2023-24 (part)329

Source: pib.gov.in, as on 10 August 2023

Top 12 states by NPS-Traders registrations (to August 2023)

Total registrations from 2019-20 to August 2023 in the 12 states and UTs with the most subscribers, with the launch-year figure alongside.

Top 12 states by NPS-Traders registrations (to August 2023) Top 12 states by NPS-Traders registrations (to August 2023). Source: pib.gov.in, as on 2023-08-10 Top 12 states by NPS-Traders registrations (to August 2023) Total registrations Uttar Pradesh 12,313 Chhattisgarh 6,486 Andhra Pradesh 5,926 Gujarat 3,572 West Bengal 2,666 Haryana 2,057 Chandigarh 1,840 Maharashtra 1,826 Bihar 1,727 Karnataka 1,527 Tripura 1,451 Assam 1,449 Source: pib.gov.in, as on 2023-08-10 schemekosh.com
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State/UTTotal registrationsIn 2019-20
Uttar Pradesh12,31310,909
Chhattisgarh6,4865,549
Andhra Pradesh5,9265,628
Gujarat3,5723,115
West Bengal2,666467
Haryana2,0571,701
Chandigarh1,8401,814
Maharashtra1,826847
Bihar1,727828
Karnataka1,527833
Tripura1,451566
Assam1,449551

Source: pib.gov.in, as on 10 August 2023

How a trader joins NPS-Traders

How a trader joins NPS-Traders How a trader joins NPS-Traders. How it works, based on the official scheme guidelines How a trader joins NPS-Traders 1 Check eligibility Be 18 to 40, with turnover up to Rs 1.5 crore and not an income tax payer. 2 Visit a CSC Enrol at a Common Service Centre or self-enrol on the maandhan.in portal. 3 Give Aadhaar and bank details Enrolment needs only Aadhaar and a savings or Jan Dhan account. 4 Pay monthly Pay Rs 55 to Rs 200 a month by auto-debit; the Centre adds an equal amount. 5 Get pension at 60 Receive an assured pension of Rs 3,000 a month from age 60. How it works, based on the official scheme guidelines schemekosh.com
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What the numbers show

NPS-Traders, the pension scheme for small shopkeepers, retail traders and self-employed people, has had a slow start. A Rajya Sabha reply by the Labour Ministry on 10 August 2023 put total registrations at 52,674 since the launch in September 2019. Each subscriber is promised an assured pension of Rs 3,000 a month from age 60, with the Centre matching their contribution.

The trend over the years

Most subscribers joined in the first year. Registrations were 37,483 in 2019-20, then dropped to 6,655 in 2020-21 and 5,780 in 2021-22. Only 2,427 people joined in 2022-23. The figure for 2023-24 (329) covers just the first part of that year because the reply came in August 2023.

The fall matches what happened to the sister scheme for unorganised workers, PM-SYM, which also saw most of its enrolment in its first two years, as shown in the same reply.

State differences

Uttar Pradesh accounts for 12,313 registrations, the most of any state. Chhattisgarh (6,486) and Andhra Pradesh (5,926) follow. The small UT of Chandigarh has 1,840 subscribers, more than Maharashtra or Bihar, because nearly all of them joined in 2019-20. West Bengal and Tripura are unusual in having more registrations after the launch year than during it.

Several states and UTs have very few subscribers. Goa had 7, Ladakh 2 and Lakshadweep none by August 2023.

What the figures do not tell you

These are registration counts. The data does not show how many subscribers still pay their monthly contribution, how many have dropped out or how much money has been collected. A registration that lapses still appears in the total. Newer official totals after August 2023 were not found on a government site at the time of this check.

Where to check the live numbers

Updated totals appear in Labour Ministry replies in Parliament, published on PIB and sansad.in. The Ministry's annual report also covers the scheme.

Frequently asked questions

How many people have joined NPS-Traders?

52,674 people had registered under NPS-Traders by August 2023, according to a Rajya Sabha reply by the Labour Ministry on 10 August 2023. An earlier reply put the figure at 52,211 as on 12 February 2023.

Why are NPS-Traders registrations so low?

The official data shows 37,483 people joined in the launch year 2019-20, but new registrations fell to 2,427 in 2022-23. The Ministry has said it is sending SMS messages to eligible e-Shram registrants and reviewing enrolment with Common Service Centres.

Which state has the most NPS-Traders subscribers?

Uttar Pradesh has the most, with 12,313 registrations up to August 2023, followed by Chhattisgarh with 6,486 and Andhra Pradesh with 5,926.

Has anyone started getting the NPS-Traders pension?

No. The Labour Ministry told the Rajya Sabha in August 2023 that no subscriber had yet reached 60. Since only people aged 18 to 40 could join from 2019, the first pensions are many years away.

Where can I find newer NPS-Traders numbers?

The Labour Ministry gives updated totals in Lok Sabha and Rajya Sabha replies, which are published on PIB and sansad.in. The maandhan.in portal also shows enrolment, but it is not a government domain.

Eligibility, documents and how to apply: National Pension Scheme for Traders and Self-Employed Persons (NPS-Traders) full guide

Charts, data files and the infographic are free to download, share and embed with a link back to this page.

Sources

This guide was checked against these official pages:

  1. pib.gov.in (www.pib.gov.in/PressReleasePage.aspx?PRID=1947422)
  2. pib.gov.in (www.pib.gov.in/PressReleaseIframePage.aspx?PRID=1914415)