BSNL and MTNL being merged into a single entity
BSNL and MTNL coque iphone 8 tony parker merger is coque iphone xr said to revive the two ailing firms, with a four step coque huawei p20 revival plan that includes voluntary retirement for employees Union Cabinet has finally decided to merge coque samsung s7 fleur silicone the two ailing PSUs BSNL and MTNL into a single entity. The coque iphone 5 government has given the go ahead for the consolidation and announced a four step revival package to pump a new coque iphone 8 plus force glass life to the loss coque nasa samsung s6 making telecom operators BSNL and MTNL. The merger is one of the steps of the revival package coque personnalisees iphone apart from sovereign bonds, monetising assets, and a voluntary retirement scheme (VRS) for employees. The step was inevitable as BSNL coque samsung galaxy s7 totoro and MTNL both have long coque note 8 samsung batman been struggling to run its operation in India and pay salaries coque samsung galaxy s5 mini transparente to the employees.
Addressing the media coque drole iphone xs on the decision, Ravi Shankar Prasad Union telecom minister said: government wants to make the two state owned telecom companies more competitive by putting in Rs 29,937 crore. Post coque samsung s6 edge disney de princesse the merger, BSNL will be the parent company and MTNL will act as its subsidiary. The samsung galaxy note edge coque government is said to coque simple samsung s7 raise Rs 15,000 crore samsung s6 coque double face cylicone through sovereign bonds, and assets worth Rs 38,000 crore will be monetised in four years, Prasad added.
Apart from this, both MTNL and BSNL will get 4G spectrum allocation based on 2016 prices. Also, to cut costs, the telecom coque iphone 8 silicone bleu ciel operators employees will be coque samsung s6 or offered voluntary retirement.
Prasad said any employee above the age of 53 and a half, who coque pour samsung s7 silicone opts for the VRS, will be given 125 percent remuneration of coques personnalisees iphone 6 6s the salary, pension, and gratuity till the age of 60. BSNL has around 1.76 lakh employee on its payroll, which costs coque samsung s7 liquide disney them Rs 850 crore. The telco has failed to pay salaries to its employees and has an estimated loss of Rs 14,000 crore in the fiscal year 2019…