He said the Voluntary Retirement Scheme (VRS) and attrition were the main reasons for the head count going down in 2008-09.
"We didn't issue any pink slips in 2009-10. We didn't let (go of) people as the private sector did," in the wake of global meltdown, he said.
The employee strength in 246 state-owned companies declined to 15.35 lakh people in 2008-09 from 15.66 lakh in 2007-08, mainly due to the VRS.
Since the introduction of the VRS, between October, 1988, and March 2009, about 6.1 lakh CPSE employees have opted for it, as per the Public Enterprises Survey 2008-09.
To know more pl. read..State ..
State-owned-companies-to-employ-31000-more-people-in-2010-11
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