The effective date of voluntary retirement under the present scheme is January 31, 2020. The ‘BSNL Voluntary Retirement Scheme - 2019’, rolled out recently, will remain open till December 3.
Out of the Rs 70,000 crore, sanctioned for the bailout package for BSNL in October, nearly Rs 30,000 crore would be used to conduct the VRS process.
He, however, said a formal application to the PMO was sent on July 24.
Although reports of the senior bureaucrat opting for VRS have surfaced, neither the ministry nor Garg himself has come out with any statement.
