Monday April 22, 2019
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BSNL’s Financial Revival May Take Time: Report

The Telecom Regulatory Authority of India’s (TRAI) recommendations on BSNL’s 4G spectrum proposal may also take some more months to arrive

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BSNL is providing mobile services in Kashmir. Image Source: www.freejobsinfo.in

State-run telecom major BSNL’s financial revival through a voluntary retirement scheme (VRS) and land monetisation are not an overnight process, an official source said on Monday.

In order to avoid any emergency, the Department of Telecom (DoT) will be extending all the monetary assistance to BSNL till June, including for salary payment, he added.

The Prime Minister’s Office (PMO) has also recently reviewed the financially troubled situation of BSNL and asked the DoT to extend all possible help to the public sector unit till June.

According to the official, DoT has standby funds ready for any financial exigencies in BSNL till June on account of salary payment or network maintenance front.

DoT is yet to get approval for the Rs 6,535 crore VRS package and for the land monetisation exercise.

According to the source, concrete actionb on BSNL’s revival will have to await the formation of a new government at the Centre and till the new company management takes over.

The SIM will now be available for employees of Patanjali only.
Patanjali had also tied up with BSNL for its plans.

The DoT has referred the 4G spectrum issue to telecom regulator TRAI, and is preparing a draft cabinet note on VRS, the source said.

“Major decisions are rarely taken by an outgoing government. Preparing a cabinet note for circulation does not mean the proposals have been through scrutiny,” he said.

“Different ministries will give their views..after all, the government has to bear the cost of the bonds that will be floted for the VRS,” the source added.

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The chairman of state-run MTNL P.K. Purwar will assume charge of BSNL in July this year after the current incumbent retires.

Monetising BSNL land is also a time-consuming process before actual land sale takes place, the official said.

The Telecom Regulatory Authority of India’s (TRAI) recommendations on BSNL’s 4G spectrum proposal may also take some more months to arrive. (IANS)

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Government Prepares Comprehensive Plan For Revival of BSNL

It also noted that a Coordination Committee comprising senior officers of the DoT, BSNL management, and representatives of AUAB is already working in this regard

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BSNL is providing mobile services in Kashmir. Image Source: www.freejobsinfo.in

The government is making all efforts to make state-run BSNL robust and financially viable again and has prepared a comprehensive plan for its revival, an official said on Sunday, on the eve of a nationwide strike called by the employees unions over their demands.

BSNL employees and officers have given a three-day country-wide strike call from February 18 to highlight their long-pending issues, including allotment of 4G spectrum to the telecom major and wage revision for the workforce.

“All efforts are being made, and will continue to be made, to make BSNL robust and financially viable,” a Communications Ministry statement said.

“The main demands of the All India Unions and Associations of Bharat Sanchar Nigam (AUAB) include benefits to executives under the 3rd Pay Revision Committee (PRC) with 15 per cent fitment and to non-executives as per the 8th wage negotiations w.e.f. 1.1.2017, allotment of 4G spectrum to BSNL, revision of pension for BSNL retirees w.e.f. 1.1.2017 and delinking of same with pay revision for PRC implementation, and deduction of payment of pension contribution by BSNL on actual basic pay instead of on the highest level of the pay scale.

“Government wishes to re-emphasize that it will continue to engage with the BSNL management and representatives of the unions and associations, to support their reasonable demands, and to guide the organization towards a revival,” it said.

The SIM will now be available for employees of Patanjali only.
Comprehensive plan prepared for BSNL’s revival: Government.

Noting that the Department of Telecommunications (DOT) is taking “positive steps” regarding each of these demands, the ministry said the issue of alloting 4G spectrum to BSNL is being referred to telecom regulator TRAI “to recommend on the issue of administrative allocation, quantum, price and appropriate frequency band”.

“Further action will be taken on receipt of the said recommendation. In parallel, a comprehensive proposal for revival of BSNL has been prepared, which will be taken up for consideration by competent authorities very soon.”

It also noted that a Coordination Committee comprising senior officers of the DoT, BSNL management, and representatives of AUAB is already working in this regard.

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“Representatives of AUAB have also held meetings with the DOT Additional Secretary in which they have been duly apprised of the progress being made in relation to their demands,” the statement said.

It pointed out that the BSNL management has appealed to its employees not to resort to any agitation at this critical juncture when the organization is engaged in “sincere and serious efforts” to protect and enhance the company’s market share, “and when any disruption in services can only adversely impact the interests of BSNL and its customers, employees and other stakeholders.” (IANS)