THOSE WHO CANNOT COMPETE , WILL PARISH

 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

HEMEN  PAREKH