www.bsnlnewsbyashokhindocha.blogspot.com M-09426254999
RAJYA SABHA
QUESTION NO 1443
ANSWERED ON 12.08.2011
VRS FOR EMPLOYEES OF MTNL .
1443 SHRI S. THANGAVELU
Will the Minister of COMMUNICATION AND INFORMATION TECHNOLOGY be pleased to state :-
(a) whether MTNL has asked Government to clear a Voluntary Retirement Scheme (VRS) to be offered to 15000 employees, one-third of its work force for this financial year;
(b) whether the proposal has also been cleared by the MTNL Board;
(c) if so, the details thereof and whether the MTNL has also asked Government for Rs. 3000 crores for this scheme; and
(d) if so, the details thereof and stance of Government in this regard?
ANSWER
THE MINISTER OF STATE IN THE MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY ( SHRI MILIND DEORA)
(a) to (d) Mahanagar Telephone Nigam Limited (MTNL) has submitted a proposal, duly approved by its Board, seeking 100% financial support from the Government for bringing out cadre-specific Voluntary Retirement Scheme (VRS) for MTNL employees. The proposed VRS package includes compensation equivalent to 60 days salary (Basic pay +DA) for each completed year of service or salary (Basic Pay +DA) for remaining period of service whichever is less subject to over all ceiling of 60 months salary. The expected out go of fund for supporting VRS of about 19000 employees will be around Rs. 3610 crores.
MTNL has been requested to explore the possibility of raising funds from banks/market and submit specific request for Government guarantee or letter of credit etc., keeping in view the Department of Public Enterprises (DPE) guidelines.
www.bsnlnewsbyashokhindocha.blogspot.com M-09426254999
Subscribe to:
Post Comments (Atom)
.JPG)
0 comments:
Post a Comment