![\"<p>FILE-](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
At a high-level meeting at the PMO late Tuesday, it was also decided that the two telcos<\/span> will frame a Voluntary Retirement Scheme (VRS<\/a>) to reduce their employee strength, which will be followed by a reduction in the retirement age to 58.
The PMO-led<\/span> meeting, however, decided to drop the proposal to merge the two telcos<\/span> as well as the proposal to create a special purpose vehicle for land monetisation and transfer of BSNL’s<\/span> loan.
But it agreed to monetisation of land assets and telecom<\/span> infrastructure, which would be monitored by a joint committee comprising officials of BSNL, DoT<\/span> and the Department of Investment and Public Asset Management (DIPAM).
The proposals will now be taken to the Union Cabinet for approval, according to a person aware of the matter.
This comes despite the finance ministry reiterating its opposition to the revival package, citing additional financial burden on the state exchequer.
In the meeting at the PMO, which was attended by Department of Telecommunications (DoT<\/span>) secretary Anshu<\/span> Prakash<\/span> and BSNL chairman PK Purwar<\/span>, it was also agreed that the government will treat the 4G spectrum allocation to the two telcos<\/span> as 100% capital infusion.
The Narendra<\/span> Modi-led government is looking at ways to reduce the financial stress on the two state-controlled telcosby<\/span> allocating next-generation of frequencies to commercially launch high-speed 4G services, the absence of which has hurt their revenue, and monetising land assets, besides an employee retirement scheme.
The Voluntary Retirement Scheme (VRS) would cost Rs<\/span> 6,365 crore<\/span> to BSNL, and Rs<\/span> 2,120 crore<\/span> to MTNL, while the administrative cost for the allocation of 4G radio waves to BSNL is pegged at Rs<\/span> 14,000 crore<\/span> and Rs<\/span>6,000 crore<\/span> for MTNL.
BSNL and MTNL have been financially stressed owing mainly to the high revenue-to-wage ratio, with over 163,000 and 25,000 employees respectively. Both the companies have faced huge revenue pressure and have widened their losses amid huge cost pressures in an intensely competitive industry, especially since the entry of Reliance Jio<\/span> back in late 2016.
In response to the Cabinet memo, the finance ministry had earlier raised certain queries. It had argued that a financial impetus to the two telcos<\/span> or any upfront payout to BSNL and MTNL could bring in a huge burden on the budgetary resources.
In July, a group of ministers (GoM<\/span>) headed by home minister Amit Shah<\/a> had also discussed their revival.
<\/body>","next_sibling":[{"msid":70756324,"title":"Reliance Jio may increase tariff to fund incremental Capex for 500 mn user target: Report","entity_type":"ARTICLE","link":"\/news\/reliance-jio-may-increase-tariff-to-fund-incremental-capex-for-500-mn-user-target\/70756324","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":70758085,"entity_type":"ARTICLE","title":"BSNL, MTNL revival: PMO allows 4G airwaves, VRS; Cabinet nod imminent","synopsis":"At a high-level meeting at the PMO late Tuesday, it was also decided that the two telcos will frame a Voluntary Retirement Scheme (VRS) to reduce their employee strength, which will be followed by a reduction in the retirement age to 58.\n","titleseo":"telecomnews\/finance-ministry-opposes-bsnl-mtnl-revival-pmo-intervenes","status":"ACTIVE","authors":[{"author_name":"Muntazir Abbas","author_link":"\/author\/479234376\/muntazir-abbas","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479234376.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479234376,"author_name":"Muntazir Abbas","author_seo_name":"muntazir-abbas","designation":"Editor","agency":false}}],"analytics":{"comments":0,"views":236,"shares":0,"engagementtimems":865000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2019-08-20 20:18:26","lastupd":"2019-08-22 11:29:29","breadcrumbTags":["BSNL","MTNL","pmo","Narendra Modi","amit shah","4G","vrs","Bharat Sanchar Nigam Limited","policy"],"secinfo":{"seolocation":"telecomnews\/finance-ministry-opposes-bsnl-mtnl-revival-pmo-intervenes"}}" data-authors="[" muntazir abbas"]" data-category-name="" data-category_id="" data-date="2019-08-20" data-index="article_1">
- Telecom乐动扑克News
- 2分钟阅读
BSNL, MTNL复兴:PMO允许4 g无线电波,工具;内阁点头迫在眉睫
在高级别会议PMO周二晚些时候,它也是决定两家电信公司将帧自愿退休计划(工具)来减少员工的力量,将随后降低退休年龄58岁。
读到
在高级别会议PMO周二晚些时候,它也是决定这两个电信公司将帧自愿退休计划(工具与)减少员工的力量,这将通过减少退休年龄58岁。
的PMO-led会议上,然而,决定放弃这个提议合并这两个电信公司以及提议创建一个特殊目的载体的土地货币化和转让BSNL的贷款。
但它同意土地资产和盈利电信基础设施可能会成立一个联合委员会由官员BSNL,点和部门的投资和公共资产管理(DIPAM)。
提案将被送往联邦内阁批准,根据一个人知道这件事。
尽管财政部重申反对复兴计划,引用额外财政负担国家财政大臣。
PMO的会议,出席了电信部(点)部长安苏 普拉卡什和BSNL主席PKPurwar,也一致认为,政府将把4 g频谱分配电信公司100%的资金注入。
的纳兰德拉Modi-led政府正在寻找方法减少压力对两国有金融telcosby下一代的频率分配商业发射高速4 g服务,没有伤害了他们的收入,以及土地资产货币化,除了一个雇员退休计划。
自愿退休计划(工具)的成本Rs6365年卢比的BSNL,Rs2120年卢比的MTNL,行政成本的分配4 g无线电波BSNL挂钩Rs14000年卢比的和Rs6000年卢比的MTNL。
BSNL和MTNL在财务上一直强调revenue-to-wage比率高,主要归因于分别超过163000和25000名员工。公司面临巨大的压力和收入都扩大了他们的损失,巨大的成本压力在一个竞争激烈的行业,特别是依赖的条目Jio在2016年晚些时候。
内阁的备忘录,财政部此前提出特定的查询。它认为,这两个金融动力电信公司或任何预先支付BSNL和MTNL可以预算资源带来了巨大的负担。
今年7月,一群部长(傻子)由内政部长阿米特·沙阿还讨论了他们的复兴。
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动