Keeping this in consideration, why is BSNL closing?
State-owned Bharat Sanchar Nigam Ltd (BSNL) is close to achieving its voluntary retirement scheme (VRS) target, with as many as 75,000 employees opting for the scheme within a week. The company is expected to save about ₹7,500 crore by offering the scheme to 80,000 employees above 50 years of age.
One may also ask, what will happen to BSNL employees? According to the fine print of the BSNL VRS scheme, employees would get an ex-gratia amount equal to 35 days' salary for each completed year of service, and 25 days' salary for the years left until retirement. “I have only two years remaining for retirement.
One may also ask, will BSNL shut down Quora?
BSNL is not closing but it is making huge losses because of various reasons. Following are some of the key reasons of BSNL's current condition. Huge staff with higher salary: BSNL has around 167216 staff i.e. more than Vodafone and Airtel combined.
What is BSNL future?
As on day ( May 2019) LS elections yet to complete. Future of BSNL and its employees depends upon what decision the new govt will take. Either it may leave as it is to die naturally or some revival plans like reducing retirement age to 58 years and VRS package, which will reduce its staff in turn salary expenditure.
