Rajya Sabha
Bharat Gold Mines Limited (BGML) has been closed with effect from March 01, 2001. At the time of closure there were 3,580 employees on the rolls of the company. Inspite of offering Special Terminal Benefit Packages (STBP) twice, 3,100 employees have not opted for STBP. A total number of 480 employees have been separated under Voluntary Separation Scheme. There is no proposal at present under consideration of the Government to revive BGML.
This information was given by the Minister of State for Coal & Mines, Dr. Dasari Narayan Rao in a written reply in the Rajya Sabha today.
(Release ID :3274)