VRS IN SAIL

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RAJYA SABHA

The Steel Authority of India Ltd. (SAIL), a public sector undertaking of the Ministry of Steel separated 3,910 workers during July’ 91 to March’ 93 through Voluntary Retirement Scheme (VRS). During the years 1998 and 1999, the number of employees who availed voluntary retirement was 5,317 and 11,606 respectively. The VR Scheme was not in operation in the year 2000. SAIL separated 5,321 workers through VRS in the year 2001. It is considering at present introduction of a pre-mature retirement scheme for non-executives as such a scheme for executives is already in existence.

This information was given by the Minister for Steel Shri B.K.Tripathy in a written reply to a question of Shri Ramachandra Khuntia, MP in the Rajya Sabha today.