State-owned cos to employ 31,000 more people next year

“In the current year, the PSUs may provide gainful employment,” Department of Public Sector Enterprises Secretary Bhaskar Chatterjee told PTI. These companies are expected to create fresh employment for 31,000 people in the current fiscal.

He said the Voluntary Retirement Scheme (VRS) and attrition were the main reasons for the head count going down in 2008-09.

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