BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Wednesday, September 11, 2019

BSNL Confirms: 50% (70000 TO 80000) Employees Will Be Asked To Leave

80,000 BSNL Employees Will Be Asked To Resign; Employees Protest As August Salary Not Credited
State-run telecom carrier has now confirmed that 50% of the employees will be asked to leave, and the process shortly begin. 
Meanwhile, most of the employees still haven’t received their August salary, and protests have erupted all across the nation.
Will Govt again intervene and infuse emergency funds now?

BSNL Confirms: 50% Employees Will Be Asked To Leave

In an interview, BSNL Chairman Pravin Kumar Purwar has confirmed that almost 50% of the employees from state-run telecom carrier will be asked to leave, on a voluntary basis.
VRS or Voluntary Retirement Scheme will be offered to these 50% employees in the coming days.
He said, “One of the proposals under discussion is the VRS. We are looking forward to 70,000 to 80,000 employees, and make it attractive for the employees, so that they can see value in the VRS.”

When asked how will the company manage if so many employees leave, then he said that even after removing these 80,000 employees, 1 lakh employees will be still working.
BSNL has 1.65 lakh employees as of now.
The primary objective here is to save money, and enable BSNL to survive.
He said, “The staff cost in MTNL and BSNL can be reduced. We all know that BSNL’s employee cost is 75% of the revenue. The number of persons in the organisation are far higher than the competitors.”

BSNL Employee Protest For August Salary

Meanwhile, as per statements from BSNL Employees Unions, it is clear that the employees still haven’t received their August salary.
And protests have erupted all across the nation.
As per P Abhimanyu, general secretary of the BSNL Employee Union, employees are devastated, as the manager still hasn’t been able to inform as to when will the salary be credited.
There is uncertainty and chaos everywhere.
Besides, more than 70% of the contract workers too haven’t received their salaries since February.
As per the Union leaders, this can be a ploy and tactics to force more and more employees to take VRS, and leave the company. More than 2000 employees have already been asked to leave.
We will keep you updated, as more details come in. 9700009

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