The CMD said that DoT helped BSNL with Presidential Sanction to meet working capital of the company and a letter of comfort for the same was issued to the company on Wednesday.
New Delhi: Public segment telecom firm BSNL will clear compensations of all workers for February month by Friday, its Chairman and Managing Director Anupam Shrivastava said Thursday.
“BSNL will pay of all workers by tomorrow. We are appreciative to telecom serve Manoj Sinha for his auspicious mediation to guarantee that pay rates of representatives are paid at the soonest,” the BSNL CMD said.
He said that income receipt of BSNL is normally higher in March and interior gatherings have begun streaming in.
“We expect absolute collections of Rs 2,700 crore in March of which Rs 850 crore will be utilized for compensation payment,” Shrivastava said.
He said that BSNL is the main player, aside from Reliance Jio, which is including new endorsers that has lead to higher income accumulations.
“Priest took lead and specifically checked circumstance to determine the emergency. I am additionally grateful to BSNL representatives who guaranteed that the administrations are running,” Shrivastava said.
He said that DoT helped BSNL with Presidential Sanction to meet working capital of the organization and a letter of solace for the equivalent was issued to the organization on Wednesday.
“We will serve letter of solace to bank tomorrow following which they will begin handling measure of Rs 3,500 crore to working capital necessity of BSNL,” Shrivastava said.
He said that with help of DoT there will be no deferral in pay payment in coming months.
Telecom PSUs BSNL and MTNL are confronting inconveniences in clearing specialists’ pay rates for February month.
An authority had told PTI on Wednesday that the DOT had discharged pending levy of Rs 171 crore to destitute MTNL for paying February pay rates to workers.
BSNL has 1.76 lakh representatives crosswise over India and MTNL has around 22,000. It is assessed that 16,000 MTNL representatives and 50 percent of BSNL workers will resign in the following 5-6 years.