60% of Bharat Petroleum staff eligible for voluntary retirement arrangement

Agency affords VRS before privatisation

Matters

BPCL | Voluntary retirement principles | privatisation

Shine Jacob |
New Delhi
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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