<h1>Voluntary Retirement Scheme: large numbers of RINL employees applied under DPE-guided VRS-II, affecting workforce restructuring.</h1> Over 1,017 employees of the state-owned steel company opted for the Voluntary Retirement Scheme (VRS-II) offered under Department of Public Enterprises guidelines; the scheme opened in mid-June and closed in mid-July and provides benefits equivalent to the prior VRS. The company, which reported 13,536 regular employees, is subject to an earlier in-principle disinvestment approval, carries significant liabilities that limited further borrowing, and has received a government financial infusion to sustain operations.