MINISTER OF STATE FOR COMMUNICATIONS
(SHRI DEVUSINH CHAUHAN)
(a) to (c) The Government approved the revival plan for Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) on 23.10.2019. The revival plan inter-alia, includes measures to reduce the Staff cost through a Voluntary Retirement Scheme (VRS) for employees of age 50 years and above, administrative allotment of spectrum for providing 4G services with funding through budgetary allocation, monetisation of non-core and core assets to generate resources to retire debt, meet CAPEX and other requirements, debt restructuring by raising of Sovereign Guarantee Bonds and in-principle approval for merger of BSNL and MTNL. These measures are expected to help BSNL turn around and remain competitive.
BSNL plays a significant role in providing communication systems under various projects of Government inter-alia Bharatnet, Network for Spectrum for Defence, for improving communication systems in North Eastern Region, Left-Wing Extremism (LWE) affected areas, border areas and other inaccessible areas.
(d). Total number of officers/employees in BSNL as on 31.10.2021 are 63,010 (Executive-29,832 and Non-Executive-33,178).
(e) to (f) The financial Status of BSNL as on 31.03.2021 is as under:
( Amount in Rs Cr)
Year 2020-21
Total Income 18,595
Total Expenditure 26,036
Net Profit/ (Loss) (7,441)
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