{"id":77384,"date":"2019-12-31T11:04:02","date_gmt":"2019-12-31T11:04:02","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=77384"},"modified":"2019-12-31T11:04:03","modified_gmt":"2019-12-31T11:04:03","slug":"bsnl-clears-rs-1700-cr-in-dues-to-vendors-pays-nov-salaries","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/bsnl-clears-rs-1700-cr-in-dues-to-vendors-pays-nov-salaries\/","title":{"rendered":"BSNL clears Rs 1,700 cr in dues to vendors, pays Nov salaries"},"content":{"rendered":"\n<p>State-owned Bharat Sanchar Nigam Ltd has cleared Rs 1,700 crore of vendors dues, its CMD P K Purwar said on Monday. The corporation has also made salary payment to its employees for November, Purwar added.<\/p>\n\n\n\n<p>\u201cPayments worth Rs 1,700 crore have been released to our vendors and contractors of BSNL,\u201d he said.\u201cEmployee salaries for November too have been released,\u201d he said adding that monthly wage cost stood at about Rs 800 crore.<\/p>\n\n\n\n<p>In October this year, the government approved a Rs 69,000 crore revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and giving VRS to employees so that the combined entity turns profitable in two years.<\/p>\n\n\n\n<p>The Union Cabinet headed by Prime Minister Narendra Modi had approved a plan to combine Mahanagar Telephone Nigam Ltd &#8211; which provides services in Mumbai and New Delhi with Bharat Sanchar Nigam Ltd that services the rest of the nation.<\/p>\n\n\n\n<p>Over the last few weeks both the companies launched theirs VRS plans and thousands of employees of BSNL and MTNL have opted for voluntary retirement, which is expected to save about Rs 8,800 crore annually in salary bills for the debt-laden telecom companies.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>State-owned Bharat Sanchar Nigam Ltd has cleared Rs 1,700 crore of vendors dues, its CMD P K Purwar said on Monday. The corporation has also made salary payment to its employees for November, Purwar added. \u201cPayments worth Rs 1,700 crore have been released to our vendors and contractors of BSNL,\u201d he said.\u201cEmployee salaries for November [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":77385,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-77384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/77384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=77384"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/77384\/revisions"}],"predecessor-version":[{"id":77386,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/77384\/revisions\/77386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/77385"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=77384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=77384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=77384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}