VRS for 30,000 staffers aged above 50: MSRTC

The MSRTC issued a circular to all its employees on Wednesday, saying those aged above 50, both officers and general employees, can sign the "golden handshake" to avail of the voluntary retirement scheme (VRS). The move is aimed at reducing the salary burden on the cash-strapped bus corporation. Two of MSRTC's staffers had recently committed suicide due to non-payment of salaries for three months.

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