On Tuesday, BSNL said that 78,569 employees have opted for the voluntary retired scheme (VRS). With this, the company expects to save Rs 1,300 crore in the salary head in the remaining period of the current financial year. This scheme will come into effect from January 31, 2020.
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BSNL chairman and MD PK Purwar said that our aim is to consider and approve those who have applied for VRS. On the merger with MTNL, he said that discussions have started and a meeting of the board of directors of both companies has taken place. At the moment our goal is on network integration and operational synergy.
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The discussion has started on this. Regarding the legitimate dues on the company from the Supreme Court's recent decision on adjusted gross revenue, Purwar said that in view of the financial pressure scenario, we have to reconsider the recovery of arrears from the government or the amount equal to the amount to be paid to the company.
