Closure of Kota Unit of Instrumentation Limited and Transfer of its Palakkad Unit to Government of Kerala
No: --- Dated: Nov, 30 2016
Cabinet approves closure of Kota Unit of Instrumentation Limited and Transfer of its Palakkad Unit to Government of Kerala
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved closure of Kota Unit of Instrumentation Ltd. and transfer of Palakkad Unit of Instrumentation Ltd. to Government of Kerala.
In this connection, the Cabinet has approved attractive VRS/VSS package at 2007 notional pay scales to employees of Kota Unit of Instrumentation Ltd. including the payment of pending salary, statutory dues etc., which amounts to approximately Rs.438 crore.
In this connection, the Cabinet has approved attractive VRS/VSS package at 2007 notional pay scales to employees of Kota Unit of Instrumentation Ltd. including the payment of pending salary, statutory dues etc., which amounts to approximately Rs.438 crore.
Courtesy – Press Information Bureau, Government of India