Looking to recover from its financial crunch the state-run telecom company BSNL recently launched Voluntary Retirement Scheme (VRS) for its employees aged 50 or above.
Within days of the rolling out of scheme, over 18,000 employees have opted for VRS. The union cabinet recently decided to merge BSNL and MTNL to form a single entity. The 70,000 crore revival package of union government kept 30,000 for the VRS of BSNL and MTNL.
The scheme that opened on November 3rd would remain open till the 4th of December.
Read more at The Hindu