BSNL staff under 55 years also opt for VRS

State-owned Bharat Sanchar Nigam Ltd’s (BSNL) Voluntary Retirement Scheme (VRS) is increasingly being opted for by executives below 55 years of age, while the total number of employees opting for the scheme clocked 77,500. The public sector unit’s separation scheme is now expected to exceed its earlier target of 80,000 personnel soon, if not this week.

“The response to the scheme is much better than the management’s expectations, even though the VRS package will not be as beneficial to them (executives below 55 years). The scheme is much better for employees aged over 55 years,” a source close to the development told BusinessLine.