\"\"When Telecom Minister Manoj Sinha<\/a> said there was no problem of jobs in the sector, probably he was unaware of thousands of employees preparing to go home. India's telecom sector has been in stress for quite some time. Cost-cutting and consolidation are major threat to jobs.
\n
\nWhat the minister said<\/strong>
Yesterday, when asked about the jobs that could be lost when companies such as
Reliance Communications<\/a> (RCom) shut shop, Sinha said, \"There is no problem of jobs. Look at the number of stores being opened by Jio. To say that jobs are reducing is untrue and far away from the truth.\" He said rapid consolidation would stabilise the sector, and that the entry of Reliance Jio had in fact added to employment.
\n
\nSinha's optimism about the jobs scenario in the telecom sector may be based on longer term. Right now, a lot of employees are living in fear.
\n
\nThe job-loss scare is real<\/strong>
\nAfter 30 days, a number of Reliance Communications (RCom) employees could be looking for another job. The company is believed to be closing down major parts of its wireless business. The Tata Group is selling its mobile business to Bharti Airtel, which might lead to some job losses. In June, Reliance Communications Chairman Anil Ambani said the country's telecom sector had cut 10,000 jobs last year, and the ongoing stress would further lead to reducing 30,000-40,000 jobs more this year. In February this year, ET spoke to more than a dozen analysts, recruiters and company executives who said telecom employees were scared about jobs being on the line despite assurances. An HR head said 10,000-25,000 jobs were at risk. If those indirectly employed are also added, the number could rise to as much as 1 lakh.
\n
\nWhat is the remedy?<\/strong>
The telecom
industry<\/a>, struggling under a burden of nearly Rs 5 lakh crore of debt amid brutal price competition, has been seeking government sops for financial relief. Apart from increase in tenure of payments for auctioned airwaves and lower interest on dues, industry also wants lower annual licence fees and spectrum usage charges. According to an expert, nearly half the sector debt is in the form of deferred spectrum liabilities to the Department of Telecommunications.
\n
\nThe government has formed an inter-ministerial group (IMG) to look into the issues faced by the sector. The IMG has reportedly recommended to the Telecom Commission that the period of deferred spectrum liability payment be increased to 16 years from the current 10 years. Another recommendation by the IMG is that the telcos may be allowed to pay for the spectrum with interest calculated marginal cost of funds-based lending rate rather than the prime lending rate.
\n
\nWhy should the government step in?<\/strong>
India’s telecom sector–once the poster child of the country’s economic progress–is in dire straits, battling brutal price competition and grappling with unsustainable levels of financial stress. The Reserve Bank has directed banks to keep especially close watch on telecom loans amid the erosion of profitability. While financial stress led to cost-cutting which included
layoffs<\/a>, now the consolidation in the sector is also likely to cause huge job losses.
\n
\nThe health of telecom sector is vital for the Indian economy. According to the Annual Report 2016-17 of the Department of Telecommunications, the telecom industry in India currently contributes 6.5 per cent ($140 billion) to the country's GDP, and employs over four million people (directly and indirectly). The government can either keep treating the sector as just another big source of revenue or help it survive the crisis.
\n
\nMoreover, if outstanding debt of the telecom sector goes sour as bankers fear, that would add majorly to the banks’ already grown bad debts.\n\n<\/body>","next_sibling":[{"msid":61251173,"title":"Samsung to introduce voice- powered digital assistant 'Bixby' 2.0 next year to take on rivals","entity_type":"ARTICLE","link":"\/news\/samsung-to-introduce-voice-powered-digital-assistant-bixby-2-0-next-year-to-take-on-rivals\/61251173","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":61251237,"entity_type":"ARTICLE","title":"Minister Manoj Sinha says there is no job crisis in the telecom sector, here's a reality check","synopsis":"An HR head said 10,000-25,000 jobs were at risk. If those indirectly employed are also added, the number could rise to as much as 1 lakh.","titleseo":"telecomnews\/minister-manoj-sinha-says-there-is-no-job-crisis-in-the-telecom-sector-heres-a-reality-check","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ET Online","artdate":"2017-10-26 22:47:02","lastupd":"2017-10-26 22:49:00","breadcrumbTags":["Reliance communications","Manoj Sinha","Job loss","job scare","Industry","layoffs"],"secinfo":{"seolocation":"telecomnews\/minister-manoj-sinha-says-there-is-no-job-crisis-in-the-telecom-sector-heres-a-reality-check"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2017-10-26" data-index="article_1">

部长Manoj Sinha说没有危机在电信部门工作,这是一个现实

说10000 - 25000工作岗位主管人力资源风险。如果这些间接雇佣也补充说,数量可能上升到1十万卢比。

  • 更新2017年10月26日10:49点坚持
当电信部长Manoj Sinha说没有问题的工作部门,可能他不知道成千上万的员工准备回家。印度的电信业一直在压力持续很长一段时间。削减成本和整合工作是主要威胁。

部长说的
昨天,当被问及工作时可能会丢失等公司信实电信(RCom)关闭商店,Sinha说,“没有工作的问题。看商店的数量被Jio打开。说工作是减少是不真实的,远离真相。”He said rapid consolidation would stabilise the sector, and that the entry of Reliance Jio had in fact added to employment.

Sinha的乐观情绪在电信部门工作场景可能基于长期。现在,很多员工都生活在恐惧之中。

失业恐慌是真实的
30天后,Reliance Communications (RCom)员工可以找另一份工作。该公司被认为是关闭其无线业务的主要部分。塔塔集团是Bharti Airtel出售其移动业务,这可能会导致一些失业。今年6月,信实电信董事长安尼尔•安巴尼表示,中国电信行业去年裁员10000人,并持续的压力将进一步导致今年减少30000 - 40000个工作岗位。今年2月,等十多个分析师,招聘人员和公司高管说电信员工害怕工作在尽管有保证。说10000 - 25000工作岗位主管人力资源风险。如果这些间接雇佣也补充说,数量可能上升到1十万卢比。

补救措施是什么?
电信行业下,近5十万的卢比的债务负担在残酷的价格竞争,一直在寻求政府金融救助标准操作规程。除了增加年限支付拍卖电波和更低的利息费,行业还希望降低年度许可证费用和频谱使用费用。专家表示,近一半的部门债务的形式是递延频谱负债电信部。

政府已经成立了一个部际集团(IMG)调查该行业所面临的问题。IMG据说推荐电信委员会的时间延迟谱责任支付增加16年从现在的10年。另一个建议由IMG是电信公司可以支付利息计算边际成本的频谱基金贷款利率而非优惠贷款利率。

为什么政府介入?
印度电信后国家经济进步的典范特困,对抗残酷的价格竞争和应对金融压力的不可持续的水平。储备银行已经指示银行尤其密切关注电信贷款在侵蚀的盈利能力。虽然金融压力导致了成本削减,其中包括裁员,现在的整合部门也可能会造成巨大的失业问题。

电信业的健康对印度经济至关重要。根据年度报告2016 - 17的电信,电信行业在印度目前贡献6.5%(1400亿美元)的国内生产总值,并雇佣了四百万人(直接和间接)。政府可以继续治疗部门是另一个大的收入来源或帮助其度过危机。

此外,如果未偿债务的电信业酸像银行家担心,会增加主要银行的坏账已经长大了。
  • 2017年10月26日发布的是47点
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\"\"When Telecom Minister Manoj Sinha<\/a> said there was no problem of jobs in the sector, probably he was unaware of thousands of employees preparing to go home. India's telecom sector has been in stress for quite some time. Cost-cutting and consolidation are major threat to jobs.
\n
\nWhat the minister said<\/strong>
Yesterday, when asked about the jobs that could be lost when companies such as
Reliance Communications<\/a> (RCom) shut shop, Sinha said, \"There is no problem of jobs. Look at the number of stores being opened by Jio. To say that jobs are reducing is untrue and far away from the truth.\" He said rapid consolidation would stabilise the sector, and that the entry of Reliance Jio had in fact added to employment.
\n
\nSinha's optimism about the jobs scenario in the telecom sector may be based on longer term. Right now, a lot of employees are living in fear.
\n
\nThe job-loss scare is real<\/strong>
\nAfter 30 days, a number of Reliance Communications (RCom) employees could be looking for another job. The company is believed to be closing down major parts of its wireless business. The Tata Group is selling its mobile business to Bharti Airtel, which might lead to some job losses. In June, Reliance Communications Chairman Anil Ambani said the country's telecom sector had cut 10,000 jobs last year, and the ongoing stress would further lead to reducing 30,000-40,000 jobs more this year. In February this year, ET spoke to more than a dozen analysts, recruiters and company executives who said telecom employees were scared about jobs being on the line despite assurances. An HR head said 10,000-25,000 jobs were at risk. If those indirectly employed are also added, the number could rise to as much as 1 lakh.
\n
\nWhat is the remedy?<\/strong>
The telecom
industry<\/a>, struggling under a burden of nearly Rs 5 lakh crore of debt amid brutal price competition, has been seeking government sops for financial relief. Apart from increase in tenure of payments for auctioned airwaves and lower interest on dues, industry also wants lower annual licence fees and spectrum usage charges. According to an expert, nearly half the sector debt is in the form of deferred spectrum liabilities to the Department of Telecommunications.
\n
\nThe government has formed an inter-ministerial group (IMG) to look into the issues faced by the sector. The IMG has reportedly recommended to the Telecom Commission that the period of deferred spectrum liability payment be increased to 16 years from the current 10 years. Another recommendation by the IMG is that the telcos may be allowed to pay for the spectrum with interest calculated marginal cost of funds-based lending rate rather than the prime lending rate.
\n
\nWhy should the government step in?<\/strong>
India’s telecom sector–once the poster child of the country’s economic progress–is in dire straits, battling brutal price competition and grappling with unsustainable levels of financial stress. The Reserve Bank has directed banks to keep especially close watch on telecom loans amid the erosion of profitability. While financial stress led to cost-cutting which included
layoffs<\/a>, now the consolidation in the sector is also likely to cause huge job losses.
\n
\nThe health of telecom sector is vital for the Indian economy. According to the Annual Report 2016-17 of the Department of Telecommunications, the telecom industry in India currently contributes 6.5 per cent ($140 billion) to the country's GDP, and employs over four million people (directly and indirectly). The government can either keep treating the sector as just another big source of revenue or help it survive the crisis.
\n
\nMoreover, if outstanding debt of the telecom sector goes sour as bankers fear, that would add majorly to the banks’ already grown bad debts.\n\n<\/body>","next_sibling":[{"msid":61251173,"title":"Samsung to introduce voice- powered digital assistant 'Bixby' 2.0 next year to take on rivals","entity_type":"ARTICLE","link":"\/news\/samsung-to-introduce-voice-powered-digital-assistant-bixby-2-0-next-year-to-take-on-rivals\/61251173","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":61251237,"entity_type":"ARTICLE","title":"Minister Manoj Sinha says there is no job crisis in the telecom sector, here's a reality check","synopsis":"An HR head said 10,000-25,000 jobs were at risk. If those indirectly employed are also added, the number could rise to as much as 1 lakh.","titleseo":"telecomnews\/minister-manoj-sinha-says-there-is-no-job-crisis-in-the-telecom-sector-heres-a-reality-check","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ET Online","artdate":"2017-10-26 22:47:02","lastupd":"2017-10-26 22:49:00","breadcrumbTags":["Reliance communications","Manoj Sinha","Job loss","job scare","Industry","layoffs"],"secinfo":{"seolocation":"telecomnews\/minister-manoj-sinha-says-there-is-no-job-crisis-in-the-telecom-sector-heres-a-reality-check"}}" data-news_link="//www.iser-br.com/news/minister-manoj-sinha-says-there-is-no-job-crisis-in-the-telecom-sector-heres-a-reality-check/61251237">