Vrs Scheme
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Air India introduces VRS and VSS scheme for non-flying permanent staff ahead of merger with Vistara
Business | Jul 18, 2024, 07:33 AM ISTThe Air India and Vistara merger is expected to affect around 600 employees from both airlines. Tata Group-owned loss-making full-service carriers -- Air India and Vistara -- together have more than 23,000 employees.
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What is Voluntary Retirement Scheme? | Rules, eligibility criteria to regulate VRS
India | May 08, 2024, 02:47 PM ISTVoluntary Retirement Scheme: Many people are opting for early retirement these days. Government servants can also retire from service voluntarily with pensionary benefits before attaining the age of superannuation under the provisions of Fundamental Rules and CCS (Pension) Rules, 1972.
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Punjab govt rejects VRS to IAS officer, also BJP's Lok Sabha candidate from Bathinda | Here's why
India | May 08, 2024, 09:48 AM ISTA 2011-batch IAS officer, Sidhu, who is contesting the Bathinda parliamentary constituency on a BJP ticket, had put in her papers last month, requesting that the condition of a three-month notice period also be waived.
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Mother Dairy offers VRS for employees at East Delhi plant; maximum benefit Rs 20 lakh
Business | May 17, 2021, 08:20 PM ISTMother Dairy, a leading milk supplier in the Delhi-NCR market, has come out with a voluntary retirement scheme (VRS) for employees working at one of its plants to bring operational efficiencies. The scheme is confined to its main plant at Patparganj in East Delhi, sources said.
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SBI launches VRS scheme for its bank employees. Check eligibility, benefits
Business | Sep 07, 2020, 09:00 AM ISTSBI VRS scheme 2020: In a bid to optimise its costs, India’s largest bank, State Bank of India (SBI) has launched a voluntary retirement scheme (VRS) under which about 30,190 employees are eligible.
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BSNL, MTNL release over Rs 10,000 crore for VRS employees
India | Mar 30, 2020, 11:39 PM ISTA total of 78,569 employees of BSNL and 14,387 staffers of MTNL have opted for the voluntary retirement scheme (VRS) which closed on December 3, 2019.
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Almost 50% BSNL, 75% MTNL employees opt for voluntary retirement scheme
Business | Feb 14, 2020, 09:32 AM ISTThere are a total of 153,000 employees in BSNL while 18,000 are there in MTNL. After opting for VRS, BSNL will be left with almost 50% of its employee force while MTNL with 25% of its working force.
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92,700 BSNL, MTNL employees opt for voluntary retirement scheme
Business | Dec 03, 2019, 08:21 PM ISTThe voluntary retirement scheme of BSNL and MTNL on Tuesday closed with over 92,700 employees opting for it, according to senior officials of the public sector telecom companies. Around 78,300 employees of BSNL and 14,378 of MTNL have opted for the scheme.
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MTNL crosses VRS target, nearly 14,000 have applied: Chairman
Business | Nov 25, 2019, 07:56 PM IST"About 13,988 employees of MTNL have applied for VRS as on today. Our employee strength is 18,200. Out of this, 16,372 are eligible for VRS, I am expecting another 500 to be in VRS, so up to 14,500 VRS applicants can go. Our target was 13,500", Kumar told IANS in New Delhi.
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Over 92,000 employees of BSNL, MTNL opt for VRS scheme
Business | Nov 25, 2019, 06:41 PM ISTOver 92,000 employees of BSNL and MTNL have opted for the scheme so far, the source added.
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BSNL mulls business continuity measures as VRS plan rolls out in full swing
Business | Nov 10, 2019, 09:53 PM ISTWith the current VRS plan expected to cut BSNL's staff by almost half, the DoT has instructed the corporation to put in place measures to ensure business continuity and smooth transition, particularly for manning telephone exchanges in rural areas.
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Over 60,000 BSNL, MTNL employees have opted for VRS so far: Telecom Secretary
Business | Nov 08, 2019, 08:53 PM ISTMore than 57,000 employees of BSNL have opted for VRS in the last few days and the figures when combined with that of state-owned MTNL exceed 60,000, Telecom Secretary Anshu Prakash said on Friday.
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BSNL rolls out VRS scheme; expects 70,000-80,000 employees to avail it
Business | Nov 06, 2019, 04:30 PM ISTWithin days of government approving a relief package for the ailing corporation, state-owned BSNL has rolled out a voluntary retirement scheme for its employees, and said it expects 70,000-80,000 personnel to opt for it leading to savings of about Rs 7,000 crore in wage bill.
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BSNL notifies VRS, scheme open till December 3
Business | Nov 06, 2019, 01:23 PM ISTThe BSNL has also instructed the chief of circles "to give wide publicity to the scheme to enable all the eligible employees to take an informed decision and exercise the option for VRS within the prescribed time period".
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Explained: Subhash Chandra Garg, his transfer, VRS and the PMO link
Fyi | Jul 26, 2019, 11:06 PM ISTIn a major bureaucratic reshuffle, Former Finance Secretary Subhash Chandra Garg was shunted out of the Finance Ministry and appointed as the Power Secretary this week. The July 24 rejig raised eyebrows as Garg's transfer was seen as a demotion with designation of Finance Secretary being one of the most coveted positions in bureaucratic circles. Atanu Chakraborty, the former Secretary for the Department of Investment and Public Asset Management (DIPAM), was named the Secretary of the Department of Economic Affairs.
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PM slams those trying to 'mislead' armed forces on OROP
National | Sep 06, 2015, 03:51 PM ISTNew Delhi: Prime Minister Narendra Modi today slammed people trying to "mislead" the armed forces over the government's OROP decision and made a veiled attack on Congress saying the party has no right to raise
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Nokia offers VRS scheme to Chennai plant employees
Apr 12, 2014, 12:00 AM ISTChennai: Even as the fate of several workers of handset major Nokia at its manufacturing unit here hangs in balance, the management has announced a Voluntary Retirement Scheme for them. "As a global company, Nokia