Telecom Sector Crisis: Govt Has Decided to Revive BSNL and MTNL, Says Ravi Shankar Prasad
Union Minister for Communications Ravi Shankar Prasad informed the Lok Sabha on Wednesday that the government has decided to revive BSNL and MTNL, and that it is also giving packages to employees who sought voluntary retirement.
New Delhi, March 18: Union Minister for Communications Ravi Shankar Prasad informed the Lok Sabha on Wednesday that the government has decided to revive BSNL and MTNL, and that it is also giving packages to employees who sought voluntary retirement.
"We strongly believe that the existence of a Public Sector Undertaking (PSU) like BSNL is important both for public service and also fairness in the entire system of communication. BSNL had suffered bad times. In 2014-15, 2015-16 it became a bit positive," the Minister informed the House. AGR Case: Supreme Court Lambasts DoT, Telecoms on Undertaking Self-Assessment of Dues, Says 'We Won’t Tolerate This'.
"Our government has taken a conscious decision to revive both BSNL and MTNL because they do public service in floods, earthquake etc. BSNL's revenue cost for the employee is 74 per cent, MTNL is 87 per cent, Airtel is three per cent, Vodafone six per cent and Jio four per cent," said Prasad. Telecom Crisis: FM Nirmala Sitharaman Indicates Relief to Telcos on AGR Dues Soon, Says 'Concerned Department Will Do it'.
"Therefore, we had to go for a fresh approach to this. Nearly 1 lakh employees have sought the voluntary retirement scheme and we are giving them packages. Regarding 4G, the Cabinet decision stands committed to providing them 4G. It will be given to them shortly," he added.VRS was introduced as a part of the revival efforts of the two telecom firms.