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Home Technology

Big decision regarding BSNL and MTNL in cabinet meeting

by admin
24/10/2019
in Technology, TOP News
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BSNL

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Announcing the decisions of the cabinet, telecom minister Ravi Shankar Prasad said that there has been injustice in the past with BSNL. We are working on a plan to merge BSNL and MTNL. According to Ravi Shankar Prasad, an attractive VRS package will be brought for BSNL.

Union Cabinet approves revival plan of BSNL (Bharat Sanchar Nigam Limited)&MTNL (Mahanagar Telephone Nigam Limited)&in-principle merger of the two. Spectrum of 4G to be allocated to Telecom PSEs (Public Sector Enterprises).VRS (voluntary retirement scheme) packages to be offered. https://t.co/KluEorlN9A

— ANI (@ANI) October 23, 2019

With this, budgetary provision of about 4000 crores will be made for 4G spectrum. He told that in the next 4 years, 38000 crore rupees will be monetized. At the same time, bonds worth 15 thousand crores will also be issued. Loss-making BSNL had applied to the government in 2015 regarding the allocation of 4G spectrum and sought approval for the voluntary retirement scheme package which had been pending since 2009. Apart from this, the government said that other companies also retail petrol and diesel outlets. Can open?

BSNL Chairman and Managing Director PK Purwar said, “There is a plan to install antenna facility on 60,000 mobile towers in the first phase for 4G services. These facilities will be installed where 4G handsets are in large numbers and BSNL has a good customer base. ”The government on Wednesday approved the revival package of BSNL and MTNL. This includes raising Rs 15,000 crore through government guaranteed bonds to meet immediate capital requirements, allocation of 4G spectrum worth Rs 20,140 crore, VRS package of Rs 29,937 crore and GST payment of Rs 3,674 crore on the allocation of radio waves Will be applied.

Employees are constantly facing problems due to the plight of BSNL and MTNL. He is also getting delayed in getting salary. Actually, BSNL has to pay Rs 850 crore as monthly salary. Presently BSNL has about 1.80 lakh employees. Explain that BSNL had a loss of Rs 7,992 crore in FY 2017-18. Earlier, the company had a loss of Rs 4,786 crore in 2016-17. Accordingly, there is a loss of Rs 3,206 crore in just 1 year.

BSNL spokesman Sanjay Sinha said that the company has paid the salary for the month of September to all its employees. MTNL plans to pay the salary of the month of August on 24 October.

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