(a) the number of employees took Voluntary Retirement in Public Sector Undertakings during 1999-2000, as on date, category-wise;
(b) the amount spent on implementing VRS, as on date;
(c) the estimated number of employees in PSUs likely to be retired during 2000-2001;
(d) whether the amount of VRS has not been paid to the employees who opted VRS in PSUs, particularly in HMT, Hyderabad;
(e) if so, the details thereof; and
(f) the steps being taken by the Government in this regard?
MINISTER OF STATE FOR HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (DR. VALLABHBHAI KATHIRIA)
(a) to (c): Information is being collected & will be laid on the Table of the House.
(d) to (f): Those who opt for VRS in PSUs are paid the amount as per the extant Government guidelines to this effect. As per available information an amount of Rs. 2310.51 crores has already been paid to the employees who opted for VRS in PSUs till 1998-99.
76 employees of HMT, Hyderabad opted for VRS during 1999-2000 and 2000-2001 (upto July, 2000). VRS compensation to these employees is related to the availability of funds. Funds are being released by the Government to HMT for payment to all the employees who have opted to go on VRS.