New Delhi: State-run telecom service provider BSNL is going through a debt and cash crisis. The company does not even have the money to pay salaries to employees. Explain that for the past several days, there were such rumors that the company is unable to pay its employees. But the company has paid its employees the salary for the month of August.
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This information has been given by a senior company official. Company chairman and managing director PK Purwar said that funds have been released to pay salaries of employees. Employees have now received their salaries. He said that the company paid the salaries from internal resources.
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Mahanagar Telephone Nigam Limited (MTNL) and BSNL are continuously making losses. Due to which both these companies have not been able to pay their employees on time for some time. By FY 2018-19, the loss of BSNL has increased to Rs 14,000 crore. At the same time, the company's revenue also came down to Rs 19,308 crore. BSNL has 1,65,179 employees. The government has been working on bringing the Department of Telecommunications in better financial condition for some time. The government is considering merging these two companies.
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