BSNL rolls out VRS scheme

[Bapun]

Within days of government approving a relief package for the ailing corporation, state-owned BSNL has rolled out a voluntary retirement scheme for its employees, and said it expects 70,000-80,000 personnel to opt for it leading to savings of about ₹7,000 crore in wage bill.

“This is the best VRS given by the government and BSNL employees should see it in a positive frame of mind,” Purwar said. He said the corporation expects 70,000-80,000 employees to opt for the scheme, and added that saving in wage bill is expected to be about ₹7,000 crore with those numbers.

BSNL rolls out VRS scheme; nearly one lakh employees eligible

 

[Bapun]

Outcome:

More than 22,000 employees of Bharat Sanchar Nigam Ltd (BSNL) have opted for its VRS plan, within two days of the state-owned corporation announcing the scheme, a senior official said on November 7.

22,000 BSNL employees opt for VRS in 2 days

 

[Optimus_Prime]

 

[Ashok Varma]

BSNL will have another VRS to cut staff by 35%

DoT to seek FinMin nod for second BSNL VRS, to cut workforce by 35%

The Department of Telecommunications (DoT) plans to seek finance ministry approval for a second voluntary retirement scheme (VRS) at Bharat Sanchar Nigam Ltd (BSNL), aiming to reduce the workforce by 35% and cut employee-related expenses. BSNL is requesting ₹15,000 crore to fund this initiative.

economictimes.indiatimes.com

 

[Bapun]

Centre likely to unveil VRS 2.0 to cut BSNL's 35% workforce.

The public telecom entity spends nearly Rs 7,500 crores -- or about 38% of its revenue -- to meet employee salaries which it plans to cut down to about Rs 5,000-crore a year.

Modi government likely to unveil VRS 2.0 to cut BSNL's 35% workforce - ET Telecom

BSNL: The public telecom entity spends nearly Rs 7,500 crores -- or about 38% of its revenue -- to meet employee salaries which it plans to cut down to about Rs 5,000-crore a year.

telecom.economictimes.indiatimes.com

 

[Balaji G]

Centre likely to unveil VRS 2.0 to cut BSNL's 35% workforce.

The public telecom entity spends nearly Rs 7,500 crores -- or about 38% of its revenue -- to meet employee salaries which it plans to cut down to about Rs 5,000-crore a year.

Modi government likely to unveil VRS 2.0 to cut BSNL's 35% workforce - ET Telecom

BSNL: The public telecom entity spends nearly Rs 7,500 crores -- or about 38% of its revenue -- to meet employee salaries which it plans to cut down to about Rs 5,000-crore a year.

telecom.economictimes.indiatimes.com

Good so that they can improve their infrastructure in collaboration with private firms. BSNL operating cost is more than private sectors. Privatisation is the need of hour now to get proper services. Prices of the services alone to be controlled be government.
I was struggling to get the service from BSNL incase of any network down or cable cut issue, now our area is handled by private parties and they responds immediately in case of need.

 

[Bapun]

The Central government’s flawed policies and the inefficiency of the Bharat Sanchar Nigam Limited (BSNL) management in revenue generation, instead of the company’s employees, have contributed to its present woes, according to an association.

VRS 2.0: BSNL employees say flawed policies, inefficient management contribute to woes - ET Telecom

BSNL: The public sector telecom carrier is reportedly spending 38% of its revenue towards the payment of salaries of employees, while the figure is in single-digit for private telcos.

telecom.economictimes.indiatimes.com