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Cabinet clears offers for HMT employees

Jan 06, 2016, at 09:12 pm

New Delhi, Jan 7 (IBNS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi on Wednesday gave its approval for offering attractive 'VRS / VSS packages' at 2007 pay scales to mitigate the hardships being faced by the employees of HMT Watches Ltd., HMT Chinar Watches Ltd. and HMT Bearings Ltd. and close their operations.

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