BSNL close to achieving VRS target

20 Nov 2019 News : BSNL close to achieving VRS target https://lnkd.in/eSm-X-d ========================== Highlights : # Total no of employees in BSNL............... 159,000 # No above 50 years of age......................... 106,000 [ Eligible for VRS ] # Company's Employee Cost [ 2018-19 ].. Rs 14,492 Cr [ 75 % of annual Salary Bill ! ] # No who accepted VRS so far.................... 80,000 # That will save salary-wages ( per year ). Rs 7,500 Cr # Eligible employee will get 100-125 % of the salary for remaining years of service, based on retiring month salary # 2018-19 Revenue ..................................... Rs 19,308 Cr # 2018-19 Losses............................................Rs 14,000 Cr =============================== What Shri Punwarji , [ cmdbsnl@bsnl.co.in ] needs to do is : # Give ( mandatory ? ) VRS to the remaining 26,000 employees ( and bring down salary bill to ZERO ) # Sell of assets of BSNL ( and MTNL as well ) to Airtel / Vodafone ( fire sale ) Read : Finding a Bakra ? Possible ? [ 04 June 2017 ] https://lnkd.in/fTeddJx