The Union Cabinet on Wednesday gave its approval to a proposal - TopicsExpress

The Union Cabinet on Wednesday gave its approval to a proposal that will facilitate the Narendra Modi-led governments first strategic sale of a public sector unit (PSU). It cleared an improved voluntary retirement scheme (VRS) for employees of the near-defunct Central Inland Water Transport Corporation (CIWTC), so that it becomes easier for the government to sell the Kolkata-headquartered unlisted company to an investor.

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