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In a high-level meeting on June 25, at the Cabinet Secretariat, attended by telecom secretary Aruna Sundararajan<\/a>, public enterprises secretary Seema Bahuguna, corporate affairs secretary Injeti Srinivas, expenditure secretary Girish Chandra Murmu, Sinha has asked the Department of Telecom (DoT) to work out proposal to reduce the staff strength of the two firms in the most cost-effective manner possible, for which funds could be mobilised through monetisation of assets.
Over the past few years, the Narendra Modi-led government is looking at ways to reduce the financial stress of the state-controlled telcos and allocate next-generation of frequencies to commercially launch high-speed 4G services, which is also leading to a drop in their revenue.
Both BSNL and MTNL plagued with high expense ratio between wages and revenue due to the excess number of employees were asking the government to allow revival package to stay afloat in a cut-throat competitive sector.
BSNL has the highest number of 1,63,902 employees that include 46,597 executive and 1,17,305 non-executive as on March 31, 2019, and it spends nearly 75% of its revenue towards maintaining headcount while private sector rivals expend less than 5% of their income on human resources.
The telecom department has also proposed bringing down retirement age from 60 to 58 years.
The committee has said that, “administrative allotment of 4G spectrum to BSNL and MTNL may be considered after examining legal implications,” according to a note seen by ETT.
The development, however, could further delay the commercial launch of 4G services by the two public sector telecom operators.
In 2012, the Supreme Court, while quashing the 122 licenses, noted that transferring or alienating the natural resources, the state is duty-bound to adopt the method of an auction by way of a non-discriminatory method.
The non-availability of 4G airwaves at a time when the private sector is closer to embrace 5G technology is bleeding the companies further as subscribers desert the state-run carriers for rivals, putting their revival at risk.
“Since, the market is content-driven, access to 4G spectrum is essential for the competitiveness of BSNL and MTNL,” Sundararajan told the panel.
The administrative cost for the allocation of 4G radio waves to BSNL is pegged at Rs 14,000 crore and Rs 6,000 crore for MTNL, with Goods and Service Tax (GST) included.
The telecom department, however, presented three strategies which included disinvestment which it believed would be a difficult task due to high staff strength and already-debted private sector which may not find public-owned telcos attractive enough, and the process would be time-consuming and requires cash infusion in the interim.
The second possibility, according to the department, would be to close down BSNL and MTNL which according to it would entail an expense of Rs 1.5 lakh crore to meet the voluntary retirement scheme (VRS<\/a>) for the entire staff and repay debt, and it added that such a scheme could be challenged in the court requiring the government to defend the decision.
However, telecom and law minister Ravi Shankar Prasad<\/a> in the Parliament last week said that there was no proposal to shut down BSNL and MTNL, and a comprehensive plan for their revival was underway.
The department, to the Sinha-led panel has also proposed a third option of reduction in manpower and equipping the two state-owned telcos to compete with private players, as a part of future approach towards sick companies.
Meanwhile, Murmu opposed any financial backing to state-run telcos, and told the panel that any upfront support to BSNL and MTNL would be a huge burden on the budgetary resources of the government.
To fund VRS and repay debt, the value of BSNL and MTNL land and building assets are estimated at Rs 1 lakh crore and Rs 40,000 crore respectively. The fibre-optic network, according to the department could fetch Rs 42,000 crore to BSNL and Rs 300 crore to MTNL, and towers are likely to garner Rs 10,000 crore and Rs 200 crore respectively.
Both BSNL and MTNL have the industry-lowest debt levels at Rs 14,000 crore and Rs 20,000 crore respectively.
The average revenue per user for the two public telecom units are at Rs 38 while the industry’s average is at Rs 70 per month, according to the telecom department’s statistics.
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BSNL, MTNL复兴:顶级bureaucrat-headed集团寻求法律对4 g,有时限的资产货币化基金工具
第二个可能性,根据部门,将关闭BSNL和MTNL根据它需要十万的1.5卢比的费用满足自愿退休计划(工具)全体职员和偿还债务。
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在一个高级别会议6月25日在内阁秘书处,由电信部长参加一边抚摸Sundararajan公司事务部部长、公共企业秘书Seema Bahuguna Injeti斯,支出秘书Girish钱德拉伽,Sinha要求电信部门(点),建议降低两家公司的员工力量以最具成本效益的方式,为基金资产可以通过货币化动员。
在过去的几年中,兰德Modi-led政府正在研究如何减少国有电信公司的财务压力和下一代的频率分配给商业发射高速4 g服务,这也是导致收入下降。
BSNL和MTNL困扰费用比率高的工资和收入之间由于过度数量的员工被要求政府允许复兴计划在残酷的生存竞争领域。
BSNL拥有最高的1,63902名员工,包括46597执行官和17305名非执行3月31日,2019年,它花费近75%的收入对维护员工在私人部门竞争对手把不到5%的收入花在人力资源。
电信部门也提出了降低退休年龄从60岁到58岁。
委员会表示,“行政分配4 g频谱BSNL和MTNL可能被认为是研究法律含义后,“据报告摘要。
发展,然而,可能会进一步推迟4 g的商业发射服务的两个公共部门的电信运营商。
2012年,最高法院,而撤销122许可证,指出转移或疏远的自然资源,国家义不容辞的采用拍卖的方法通过一个非歧视性的方法。
某4 g无线电波在私营部门更接近拥抱5 g技术是出血的公司进一步作为竞争对手用户沙漠国营航空公司,把他们复兴面临风险。
“以来,市场是内容驱动,4 g频谱BSNL和MTNL的竞争力是至关重要的,”Sundararajan告诉面板。
行政成本的分配4 g无线电波在14000卢比BSNL挂钩和MTNL 6000卢比,包括商品和服务税(GST)。
电信部门,然而,提出三种策略包括蚀本,相信这将是一项艰巨的任务由于员工强度高和already-debted私营部门可能没有找到公有电信公司足够的吸引力,而这个过程将会非常耗时,需要临时的注资。
第二个可能性,根据部门,将关闭BSNL和MTNL根据它需要十万的1.5卢比的费用满足自愿退休计划(工具与)全体职员和偿还债务,它补充说,这个方案可以在法庭上挑战要求政府保护的决定。
然而,电信和司法部长Ravi Shankar普拉萨德在议会上周表示,没有提议关闭BSNL和MTNL,和一个全面的计划正在复兴。
Sinha-led面板的部门,还提出了第三种选择的减少人力和装备两国有电信公司与私人球员竞争,作为未来的一部分对待生病的公司。
同时,伽反对任何金融支持国营电信公司,告诉委员会,任何前期支持BSNL和MTNL将是一个巨大的政府的预算资源的负担。
基金工具和偿还债务,BSNL和MTNL土地和建筑资产的价值估计分别为1十万的卢比和40000卢比。光纤网络,根据美国可以获取42000卢比BSNL和MTNL 300卢比,和塔可能会分别获得10000卢比和200卢比。
BSNL和MTNL industry-lowest债务水平分别为14000卢比,20000卢比。
每用户平均收入的两个公共电信单位在Rs 38在行业平均每月70卢比,根据电信部门的统计数据。
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