ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Privatisation and the Voluntary Retirement Scheme

The voluntary retirement scheme of public sector enterprises is built on the narrative of overstaffing and inefficiency. With Bharat Sanchar Nigam Limited being the latest to announce a massive VRS, this article examines the path that led to this package. It argues that it is one of the instruments through which labour flexibility is ushered in public sector enterprises, which often end in privatisation. It also discusses the crucial role that BSNL could take up by virtually connecting the physically distanced in the resistance against the ongoing pandemic.

Leadership in Banking

Public sector banks may have succeeded in shedding the excess flab of their workforce, but the malaise lies deeper in the upper echelons of administration. More often than not, chairmen are ill-equipped to meet radical demands of a techno-rich age, and move jobs too quickly to bring about long-lasting change.
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