Voluntary Retirement Scheme

PSU-wise details of VRS

S. No. Name of the PSU No. of employees VRS Adopted
1. Punjab Ex-Servicemen Corporation (PESCO) NIL  
2. Punjab Small Industries & Export Corporation (PSIEC) 71 After Feb. 2003
3. Punjab Information & Comm. Tech. Corpn. (PICTCL) 3 After Feb. 2003
Subsidiary:
Punjab Communication Ltd. (PUNCOM)
331 After Feb. 2003
4. Punjab Poultry Development Corporation (PPDC) 115 Before Feb., 2003
5. Punjab State Tubewell Corporation (PSTC) NIL  
6. MILKFED NIL  
7. WEAVCO NIL  
8 Punjab Agro Industries Corporation (PAIC) NIL  
9 Punjab Infrastructure Development Board (PIDB) NIL  
10 Punjab Financial Corporation (PFC) NIL  
11 Punjab State Forest Corporation NIL  
12 Punjab State Co-operative Bank (PSCB) NIL  
13 Punjab Khadi & Village Industries Board (PKVIB) NIL  
14 Punjab Health System Corporation (PHSC) NIL  
15 PEPSU NIL  
16 PUNBUS NIL  
17 Punjab State Coop. Agriculture Dev. Bank (PSCADB) NIL  
18 Punjab Land Dev. & Reclamation Corporation (PLDRC) NIL  
19 Punjab Police Housing Corporation (PPHC) NIL  
20 Punjab State Consumers Coop. Federation (PUNCOFED) NIL  
21 Punjab State Warehousing Corporation (PSWC) 18 Before Feb.,2003
22 Punjab State Container & Warehousing (CONWARE) NIL  
23 SUGARFED NIL  
24 MARKFED 261 Before Feb., 2003
25 Punjab State Electricity Board (PSEB) NIL  
26 Punjab State Civil Supplies Corporation (PUNSUP) NIL  
27 Punjab Scheduled Caste Dev. & Finance Corporation 1 Before Feb., 2003
28 Punjab Urban Development Authority (PUDA) NIL  
30 Punjab State Industrial Development Corporation (PSIDC) 32 Before Feb., 2003
Subsidiary:
Electronics Systems Punjab Ltd. (ESPL)
   
Punjab Alkalies & Chemicals Ltd. (PACL) 36 After Feb., 2003
31 SPINFED   After Feb,. 2003
32 HOUSEFED NIL  
33 Punjab Tourism Development Corporation (PTDC) 19 After Feb., 2003
34 Punjab State Seeds Corporation (PUNSEED) 49 Before Feb., 2003
35 Pb. Backward Classes Dev. & Fin. Corpn. (BACKFINCO) NIL  
36 Punjab Water Supply & Sewerage Board (PWSSB) NIL  
37 Punjab Pollution Control Board (PPCB) 2 After Feb., 2003
38 Punjab Mandi Board NIL  
39 Punjab Energy Development Agency (PEDA) 1 Before Feb., 2003
40 Punjab Roads & Bridges Development Board (PRBDB) NIL