The Cabinet Committee on Economic Affairs, CCEA has approved the closure of Andaman and Nicobar Islands Forest and Plantation Development Corporation Limited, ANIFPDCL a Central Government Undertaking in Port Blair and discharging the liabilities of all the employees.<br/><br/>The closure will help to stop unproductive loans to ANIFPDCL from Government of India and will enable a more productive utilization of assets. <br/><br/>It will be achieved by offering Voluntary Retirement Scheme, Voluntary Separation Scheme package to willing employees and by retrenchment under Industrial Disputes Act, 1947 of those not opting for VRS or VSS including settlement of other liabilities. At present, there are 836 employees on the rolls of the Corporation.