'Downsizing' of Govt. on anvil

By Our Special Correspondent

NEW DELHI, FEB. 22. A significant scheme for ``downsizing'' the Central Government is said to have been formalised by the Vajpayee Government and an announcement of the details are likely to form part of the Finance Minister, Mr. Yashwant Sinha's Budget presentation on February 29.

The new scheme is expected to offer a handsome package for employees accepting the Voluntary Separation Scheme (VSS) which could be four to five times what an employee would normally get at the time of retirement. The Government scheme also proposes a freeze on fresh employment or on filling up vacant posts, sources said here today.

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