ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Political Economy of Voluntary Retirement-Study of Rationalised Workers in Durgapur

Study of 'Rationalised' Workers in Durgapur Ratan Khasnabis Sudipti Banerjea The article explores the mechanisms behind the workers' acceptance of voluntary retirement scheme in the Durgapur industrial area of West Bengal. Though there is willingness on the part of the workers to accept the compensation in some cases, there are sizeable number of instances of coercion from the management forcing the workers to accept the deal. More importantly, the amount of VRS gets mostly utilised for non-productive purposes, thus reducing the chances of the retired workers to begin any self-employment venture.
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