Employees of Bharat Sanchar Nigam Limited (BSNL) may have good news on the seventh Commission and the recommendations suggested may be implemented. The workers have been protesting for some time about a salary increase and a review of pensions, among other requests under the Joint Forum and discussions with Bharatiya Mazdoor Sangh affiliated Unions of All Indian Trade Unions and Associations of Bharat Sanchar Nigam Limited (AUAB). The Department of Telecommunications (DoT), which has already sent these requests to the Ministry of Finance, can implement the recommendations of the pay-committee in April 2019, said online media businesstoday.
Meanwhile, the state-owned telecommunications company will hold a board meeting to discuss the latest fisical's financial results, as well as to chart a roadmap for next year. "The council meeting is scheduled for April 4 onwards, the council's approval will be taken to increase the maximum limit for using capital loans (of Rs 4,300 million) and will be sent to the Ministry of Telecommunications. It will also draw up investment plans for the next budget targets as well, "a source told IANS.
Significantly, the BSNL DoT directory has two nominees who know the current fisical BSNL action plan, which covers the range of challenges that survive in the hypercompetitive sector to the expansion network and the likely expense. The department is already secured a comfort letter for BSNL for 3,500 crore working capital from the banks to maintain their networks.
BSNL, at this time, has three outstanding proposals for its revival with DoT - its crore of Rs 6.535 VRS proposals to reduce the employee base by a huge crore of 1.76 lakh; 4G demand allocation of the spectrum, which has submitted to TRAI and monetize their land, which will be decided by the Department of Divestment Ministry of Finance as a DIPAM is the nodal center of the monetization of non-strategic assets throughout Ministries.