BSNL Employees Could Again Face Delay in Salary Reimbursement for August Month

Bharat Sanchar Nigam Limited (BSNL) might again face the backlash of its employees as a new update from a source has revealed that the state-led telecom operator might defer the salary of its employees by a week for the August month. To recall, BSNL has delayed the salaries of its employees for the July month as well, and the same can repeat for August too, thus affecting 163,000 BSNL employees. This new update from a person familiar to the matter and was reported by ET Telecom. The delay of the salaries of BSNL employees had caused an outrage amongst the employees, especially ticking of the members of the union.

  • Make Telecom Talk My Trusted Source
  • Source of Google
  • Source of Google

BSNL,Bharat Sanchar Nigam Limited,BSNL Salary Delay

Approximately 1,63,000 Employees to be Affected by Salary Delay

A source aware of the matter said, “Cash crunch has cropped up again, and the amount required to pay BSNL’s staff remuneration is not yet transferred for disbursal. The transaction is expected in the next few days.” Usually, the salary of BSNL employees gets credited on the last working day of every month. It is also worth noting that this would be the third time this year that BSNL would be delaying the salaries of its employees. The state-led telecom operator boasts of 1,63,902 employees, which includes 46,597 executives. It is well known in the industry right now that the state-led telecom operator has been under heavy losses since the last few years.

The Department of Telecommunications (DoT) has also shed off the responsibility from providing any capital support to the company and the reimbursement from the Universal Service Obligation (USO) Fund has also been suspended for the telco. In such a scenario, the telecom operator is now raising capital from its internal accruals. What’s notable is that USOF is Rs 50,000 crore strong government reserve which was set up to fund rural telecom connectivity initiatives in the country and being the government led telecom operator, BSNL remains one of its major partners to implement new projects.