There is no relief for BSNL and MTNL from the losses. Ravi Shankar
Prasad, Communications Minister, told the Parliament yesterday (3rd
December 2014) that BSNL has recorded a loss of Rs. 3,785 crore and MTNL
Rs. 1,567 crore till September 2014 in the present financial year. BSNL
has been posting loss for the last four years. The case of MTNL is not
different.
The Minister also stated that the loss has come due to decline in Revenue and increase in expenditure. But the fact is that the expenditure has only marginally increased, whereas the revenue has gone down drastically from the earlier Rs. 40,000 crore to rs. 26,000 crore, while the expenditure is almost the same at about Rs. 34,000 crore. The expenditure on wages has been stagnating at about Rs. 14,000 crore for the last three-four years, since large number of employees, about 10,000 to 15,000 are retiring yearly and no recruitment is taking place.
The Forum of BSNL Unions/Associations of Non-Executives and Executives has given a call for Indefinite Strike from 3rd February 2015 to compel the government and BSNL Management to take initiative and honour the assurances given at the time of corporatisation, so that BSNL can restore its past glory and provide a better service to the people.
The Minister also stated that the loss has come due to decline in Revenue and increase in expenditure. But the fact is that the expenditure has only marginally increased, whereas the revenue has gone down drastically from the earlier Rs. 40,000 crore to rs. 26,000 crore, while the expenditure is almost the same at about Rs. 34,000 crore. The expenditure on wages has been stagnating at about Rs. 14,000 crore for the last three-four years, since large number of employees, about 10,000 to 15,000 are retiring yearly and no recruitment is taking place.
The Forum of BSNL Unions/Associations of Non-Executives and Executives has given a call for Indefinite Strike from 3rd February 2015 to compel the government and BSNL Management to take initiative and honour the assurances given at the time of corporatisation, so that BSNL can restore its past glory and provide a better service to the people.