60% of Bharat Petroleum staff eligible for voluntary retirement arrangement
Agency affords VRS before privatisation
Matters
BPCL | Voluntary retirement principles | privatisation
Shine Jacob |
Final Updated at July 24, 2020 06: 05 IST
Bharat Petroleum Corporation (BPCL) has equipped a voluntary retirement arrangement (VRS) to its staff above 45 years of age as the authorities steps up effort to privatise the affirm-flow oil and gasoline company.
In preserving with company insiders, practically 60 per cent of the total 11,894 staff will be eligible to avail of the arrangement. A expansive series of staff are anticipated to make your mind up for the arrangement — Bharat Petroleum Voluntary Retirement Plot-2020 (BPVRS-2020) — as they horror uncertainty about their future thanks to the disinvestment stream, said a person shut to the …
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First Printed: Fri, July 24 2020. 06: 05 IST