New Air India owner to retain all employees for at least 1 year, can offer VRS in 2nd : The Tribune India

Join Whatsapp Channel

New Air India owner to retain all employees for at least 1 year, can offer VRS in 2nd

Air India has 12,085 employees — 8,084 permanent and 4,001 contractual

New Air India owner to retain all employees for at least 1 year, can offer VRS in 2nd

File photo for representation.



New Delhi, October 8

The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS.

The gratuity, pension fund and post-retirement medical benefits of existing and past employees too would be honoured by the new owner, Civil Aviation Secretary Rajiv Bansal said.

Tata Sons has emerged as the winning bidder for Air India with the government accepting its Rs 18,000 crore offer to acquire 100 per cent of the debt-laden state-run carrier.

Briefing reporters, Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey said the outstanding dues of employees of Rs 1,332 crore as per the report of Justice Dharmadhikari would be paid by the government.

Air India has 12,085 employees — 8,084 permanent and 4,001 contractual. Besides, Air India Express has 1,434. In the next five years, about 5,000 permanent employees will be retiring, he said.

Free travel by government employees on Air India flight will stop post-handover, free passage to retired employees will be as per industry practice.

“The restrictions that government employees will have to travel only through this will go. The passage rights will be as per industry practice, there is nothing that we are mandating,” Pandey said. —PTI


Top News

Congress will give your wealth to infiltrators, those who have more children: PM Modi in Rajasthan

Congress will give your wealth to infiltrators, those who have more children: PM Modi in Rajasthan

Modi's reference is to former prime minister Manmohan Singh'...

PM Modi has resorted to lies: Congress on his 'redistribution of wealth' remarks

PM Modi has resorted to lies: Congress on his 'redistribution of wealth' remarks

The opposition party's attack comes after Prime Minister Mod...

Students with 4-year undergraduate degrees can now directly pursue PhD if they have 75% marks: UGC chief

Students with 4-year bachelor's degrees, 75% marks can directly pursue PhD: UGC

So far, a candidate for the National Eligibility Test needed...


Cities

View All