24 Nov 2011
THOSE WHO CANNOT COMPETE , WILL PARISH
India’s one time telecom giant Bharat Sanchar Nigam ( BSNL ) is facing some stiff competition
With a current staff strength of 277,000 , BSNL spends nearly Rs.13,791 Crores on annual salary bill
This is 46.5 % of its total income
So BSNL has come up with a Voluntary Retirement Scheme [ VRS ], thru which , it wants to reduce staff strength by 99,700
By paying , on an average , Rs 20 lakhs per person
That would cost it Rs. 18,181 Crores
No problem ! Central Government (ie: poor people of India), will foot the bill
After VRS is implemented , BSNL will outsource functions like
· Transmission and Switching System Installation
· Training
· Civil Engineering
· Architectural work
That is not going save BSNL from extinction
Only reason BSNL must suffer a painful slow death is that no one can revive it – so no one will buy it !
With regards
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