The Cabinet Committee on Economic Affairs has approved a proposal for offering an improved voluntary retirement scheme (VRS) package to the employees of Hindustan Vegetable Oils Corporation.
The improved package is based on the 2007 notional pay scales of the employees and government assistance will be in the form of a non-plan grant of ₹27.56 crore to the company.
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Improved VRS package for employees of vegetable oils PSU
By IndianMandarins - 2016-05-19 10:48:27
The Cabinet Committee on Economic Affairs has approved a proposal for offering an improved voluntary retirement scheme (VRS) package to the employees of Hindustan Vegetable Oils Corporation.
The improved package is based on the 2007 notional pay scales of the employees and government assistance will be in the form of a non-plan grant of ₹27.56 crore to the company.
