2nd December, 2002
Ministry of Steel  


KUDREMUKH IRON ORE COMPANY


LOK SABHA

The Supreme Court of India in its judgement of October 30, 2002 has permitted Kudremukh Iron Ore Company Ltd (KIOCL), a public sector unit of the Steel Ministry to continue mining at Kudremukh till December 31, 2005. The Company is considering various options regarding the future course of action including rehabilitation of the workers of KIOCL.

The Company, during the last three years has separated 171 employees through VRS. Out of this, 47 are executives, 15 supervisors and 109 non-executives.

This information was given by the Minister for Steel Shri Braja Kishore Tripathy in a written reply in the Lok Sabha today.