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Under DoT’s order, BSNL to terminate 54,451 Employees after Lok Sabha Election : Retirement age reduced to 58 Years
TIWN April 3, 2019
Under DoT’s order, BSNL to terminate 54,451 Employees after Lok Sabha Election : Retirement age reduced to 58 Years
PHOTO : BSNL employees protesting in Agartala in wage hike demand. TIWN File Photo.

AGARTALA, April 3 (TIWN): When BSNL employees were protesting for their betterment, under Modi Govt at least 54,451 employees will lose their jobs. Department of Telecommunications (DoT) has asked to terminate them after the upcoming Lok Sabha Election. From Airlines to Telecommunication sectors all are under verges of destruction in Modi era. While promoting Jio and Ambani, here BSNL employees whose ages are 55 at the average maximum ration will have to take retirement in 58 years and that’s why the decision of retirement at 58 was taken. In a big blow to thousands of employees and their families, BSNL Board has approved the firing of 54,000 employees from their company.Reeling under debts of more than Rs 13,000 crore, state-owned telecom provider BSNL is on shaky ground. Last year, BSNL suffered losses of Rs 7993 crore, which is 20% more than 2017 losses.

A special task force was constituted, which recommended several suggestions to the Govt., in order to revive the ailing company.Out of these 10 suggestions, three have been approved by the BSNL Board, and one of them includes termination of 54,000+ employees from the company payroll.

BSNL Board has accepted the proposal to reduce retirement age from 60 years to 58 years, and this single step will help BSNL to remove 33,568 employees,

Besides, for all employees aged above 50 years, a special VRS or Voluntary Retirement Scheme will be announced.

Along with reducing retirement age, and VRS scheme, BSNL will be able to reduce their workforce by 54,451 employees, in a gradual manner, which is 31% of their 1.74 lakh workforce.Interestingly, the average age of employees in BSNL is 55 years, and this is the reason that BSNL Board has gone for reducing retiring age, and to introduce VRS scheme.Meanwhile, DoT or Department of Telecom, which controls and manages BSNL has asked the Board not to terminate employees during this election phase.

If 54,000 employees from a Govt. owned organization are fired, then it will certainly have a negative impact on the present Govt.

Sources at DoT said, “Announcing the VRS package or job cuts and shutting down businesses of the telecom firm would have huge implications on employees and ongoing elections. DoT decided to wait and watch,”

It seems that the Govt. will delay the terminations until next Govt. takes the charge, and then, the new Govt. will have to make the final decision.Such is the condition at BSNL, that employees’ salary was stopped for the first time in 18 years. Some daily wage employees hadn’t received salaries for upto 6 months.

In the month of Feb, we reported that BSNL may terminate more than 35000 employees, and in order to cut costs, almost all employee benefits have been stopped which will save Rs 5000 crore.

But now, as the news of terminating 30% of their employees is final, BSNL is expected to save Rs 13,800 crore over the next 5 years on salaries and wages. At the same time, VRS for employees will cost BSNL Rs 13,000.

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