57,000 BSNL employees opt for VRS. DoT asks BSNL to ensure measures to maintain business continuity and smooth transition.
As per a PTI report, as many as 57,000 employees of govt-owned Bharat Sanchar Nigam Ltd (BSNL) have already availed themselves of the voluntary retirement scheme (VRS) that was rolled out on 5 November.
In all, nearly one lakh BSNL employees are eligible for the VRS out of its total staff strength of about 1.5 lakh. BSNL's internal target for VRS is pegged at 77,000 employees.
The scheme will be open till 3 December. BSNL is looking at savings of about INR7,000cr in wage bill, if 70,000-80,000 personnel opt for the scheme.
The government last month had approved a INR69,000cr revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and offering VRS to employees so that the combined entity turns profitable in two years. Livemint
Within this backdrop, the Department of Telecommunications (DoT) has directed BSNL to ensure measures to maintain business continuity and smooth transition, especially to operate telephone exchanges in rural areas. Business Today
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