(a) whether the Government proposes to offer special Voluntary
Retirement Scheme to overcome the problem of surplus employees
in Central Public Sector Undertakings (CPSUs);
(b) if so, the details thereof; and
(c) the steps taken/proposed to be taken for the
welfare of the surplus employees in the CPSUs?
MINISTER OF THE STATE IN THE MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES
(SHRI RAGHUNATH JHA)
(a) & (b): Government had announced a Voluntary Retirement Scheme (VRS) in 1988.
The Scheme has been revised in 2000 to make it more efficacious having regard to
both, the interests of the employees and the need to enable CPSEs to rationalize
their surplus man power. The managements of CPSEs introduce the VRS with the approval
of their Boards and the administrative Ministries.
(c): The Scheme of Counselling,Retraining and Redeployment (CRR) for the separated
employees of CPSEs is being implemented in order to equip them with skills so that
they may engage themselves in income generating activities.