Question : Losses of BSNL

(a) the reason for losses reported by Bharat Sanchar Nigam Limited (BSNL) and the retrenchment of its employees; and

(b) the details of measures taken/being taken by the Government to enable BSNL to recover from these losses?

Answer given by the minister

MINISTER OF STATE FOR COMMUNICATIONS,
HUMAN RESOURCE DEVELOPMENT AND
ELECTRONICS & INFORMATION TECHNOLOGY
(SHRI SANJAY DHOTRE)


(a) Stiff competition in the telecom sector, debt burden, high staff cost and absence of 4G services (except on a limited basis in certain areas for BSNL) are the reasons for losses in BSNL.
BSNL has informed that no retrenchment has been done in BSNL.

(b) The Cabinet in the meeting held on 23.10.2019 approved the revival plan for BSNL. The revival plan, inter-alia, includes the measures to reduce the Staff cost through a Voluntary Retirement Scheme (VRS), Administrative allotment of Spectrum for providing 4G services, Monetisation of Assets and Debt restructuring by raising Sovereign Guarantee Bonds.


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