Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

But the job is not done yet!
Vote for the deserving candidate this year.

Check your mail to know more

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
SPONSORED BY
LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

BSNL Employee Union Opposes VRS, Seeks 4G Spectrum for Telco Revival

The union said that telecom minister Manoj Sinha had given assurance in January 2018 that BSNL would be allotted spectrum for 4G services but it is pending till date.

PTI

Updated:April 4, 2019, 10:42 PM IST
facebookTwittergoogleskypewhatsapp
BSNL Employee Union Opposes VRS, Seeks 4G Spectrum for Telco Revival
File photo of the BSNL office.
Loading...
New Delhi: The BSNL Employees Union Thursday opposed the government's proposal to implement a voluntary retirement scheme, alleging that it is a strategy to reduce the PSU's workforce before handing it over to a private player.

The union in a statement alleged step-motherly attitude of the government towards BSNL as the company has not been allocated 4G spectrum required for the its business growth.

It said that telecom minister Manoj Sinha had given assurance in January 2018 that BSNL would be allotted spectrum for 4G services but it is pending till date.

According to sources, the Department of Telecom had floated a cabinet note for allocation of spectrum for 4G services to BSNL but Finance Ministry raised questions on the business viability of such proposal.

The Prime Minister's office is now learnt to have asked the DoT to submit a detailed roadmap for the revival of BSNL and MTNL including allocation of 4G spectrum, reduction in headcount of BSNL through voluntary mechanism etc.

"It must be noted that VRS is already implemented twice in the MTNL. However, it has not helped for the financial revival of MTNL. That company is neck deep in financial crisis today. Hence, we want to point out that VRS is not going to help for the financial revival of BSNL," the union said.

The employees union said that the government should immediately allocate 4G spectrum for financial revival and should help BSNL financially by extending soft loan for the expansion and modernisation of its networks.

"Recently, the whole country witnessed how the government moved swiftly to bailout the Jet Airways. Finance Minister Arun Jaitley directed the State Bank of India led banks, to pump in Rs 1,500 crore for bailing out the Jet Airways. Why such a largesse is not being shown to BSNL, which is the government's own company," the union said.

The employees union alleged that the government has not given single penny as financial aid to BSNL during the last 18 years of its existence.

"BSNL is the company with the least debt in the entire telecom industry. All the private companies, including Reliance Jio, are having debts of more than Rs 1 lakh crore each. Still, the DoT is creating roadblocks for BSNL to avail credit from banks. This is also a clear cut step by the government to retard the growth of BSNL," the union alleged.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
T&C Apply. ARN EU/04/19/13626
 

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results