Air India grounds voluntary retirement scheme


MUMBAI
National carrier Air India has given a quiet burial to its much-talked about voluntary retirement scheme (VRS) owing to high attrition rate and government’s disinclination to provide committed funds due to precarious state of the central finances, say sources.

“It has been decided at the last over-sight meeting that we will not pursue the VRS scheme,” Air India sources told PTI.

Full report here Economic TimesĀ 

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