The Resolution

This resolution outlines the framework for implementing a Voluntary Retirement Scheme for employees of state public sector undertakings in Odisha, co-funded by the UK Department for International Development and the state government. It applies to regular employees with at least ten years of continuous service as well as certain long-serving daily wage workers in designated state enterprises. The policy establishes eligibility criteria, application procedures, single-window approval timelines, and financial compensation packages, while prohibiting re-employment in state bodies and automatically abolishing vacated posts. It matters because it provides a structured mechanism to downsize surplus public sector workforce, reduce fiscal burdens, and improve organizational efficiency.

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