Home Business BSNL Employees Appeal To PM Modi To Drop MTNL-BSNL Merger Proposal

BSNL Employees Appeal To PM Modi To Drop MTNL-BSNL Merger Proposal

by admin

New Delhi: The workers union of Bharat Sanchar Nigam Ltd (BSNL) on Wednesday despatched a letter to Prime Minister Narendra Modi interesting him to drop the merger proposal between MTNL (Mahanagar Telecom Nigam Ltd) and BSNL.

Based on the letter to the prime minister, the workers union mentioned the merger will definitely wreck the monetary situation of BSNL. The letter says that the information of the merger has raised issues among the many staff of the BSNL.

The letter acknowledged that BSNL MD, P Okay Purwar, who can also be the CMD of MTNL, apprised a newspaper about BSNLs’ critical monetary situation. Below these circumstances, if the merger takes place, it would do irreparable harm to BSNL, which can also be struggling to come back out of the monetary disaster.

The letter that ANI has tweeted confirmed the workers union has additionally made a requirement earlier than the prime minister urging him to take over MTNL’s debt of Rs 26,000 crore and as well as present monetary reduction to BSNL for the rehabilitation of the networks.

In the meantime, the federal government on Wednesday dismissed any such plans for divestment in BSNL.

Minister of State for Communications Devusinh Chauhan in a written reply to the Lok Sabha additionally asserted that there isn’t a delay or deficiency in providers supplied by BSNL because of the implementation of voluntary retirement scheme (VRS) in early 2020.

“There isn’t any plan into consideration for disinvestment of BSNL,” Chauhan mentioned to a query associated to immovable belongings of BSNL.

The Centre had accepted a revival plan for BSNL in October 2019, which included measures to cut back the workers value by way of a VRS for workers of fifty years of age and above, administrative allotment of spectrum for offering 4G providers with funding by way of budgetary allocation, monetisation of non-core and core belongings to generate assets to retire debt, meet capital expenditure and different requirement and debt restructuring by elevating of sovereign assure bonds.

Source link

You may also like

Leave a Comment