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Tuesday, October 16, 2001

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VRS for Govt. staff

Sir, - This refers to the ERC proposal for VRS for Government employees along the lines of the PSUs. The Government should experiment with a flexible VRS scheme, where the employees desirous of VRS should quote their price and submit a bid. The Government should have a maximum limit which they are willing to pay each employee in a particular grade. However, employees could quote a lower cost to the Government if they so desire. This idea will tap the employees who are comfortably settled in life and would like to exit the Government, provided they get a pension.

While there may be initial resistance, the idea will establish itself. Successful implementation of the scheme could lead to savings in crores of rupees. When implementing VRS for Government employees, the stakes could be about Rs 10,000 crores and savings should be ensured and actively sought to this account.

Saurabh Sharma,

Chennai

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