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BSNL's VRS open till Dec 3; telco hopes 100,000 staffers will go for scheme
Posted on 7th November 2019
Bharat Sanchar Nigam (BSNL) has rolled out voluntary retirement scheme (VRS) for its employees. The company hopes that about 100,000 employees will avail of the package.

The scheme opened on November 4 and will continue till December 3. The total number of BSNL employee is 175,000.

All regular and permanent employees of BSNL, including those on deputation to other organisations or deputed elsewhere, are eligible if they are 50 years old or older.

The amount of ex-gratia for any eligible employee will be equal to 35 days’ salary for each completed year of service and 25 days’ salary for every year of service left until superannuation.

Mahanagar Telephone Nigam (MTNL), too, has rolled out a VRS for its employees. The scheme, based on Gujarat model and it will also be open till December 3. In a notice to employees, MTNL said, “All regular and permanent employees of 50 years and above as on January 31, 2020”, are eligible to opt for the scheme.

The government last month had approved a Rs 69,000-crore revival package for BSNL and MTNL. The plan 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.
Related Companies: Bharat Sanchar Nigam Limited (BSNL)   

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Shiv Sena questions Centre on democracy ranking drop, economic woes
Posted on 24th January 2020

The Shiv Sena on Friday said there have been attempts to muzzle dissenting voices and this is one of the reasons for India slipping in the 2019 Democracy Index’s global ranking. An editorial in Sena mouthpiece Saamana said a slowdown in economy gives rise to unrest and instability, and this was getting reflected in the prevailing situation in the country.

Now (after an economic slowdown) there is a slide in (India’s) global democracy index ranking, the Marathi daily said.


Grilled on CAA at WEF, Goyal says Muslims in India safer than anywhere else
Posted on 24th January 2020

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Judge who issued death warrants against Nirbhaya rapists transferred to Supreme Court registry
Posted on 24th January 2020

A Delhi court judge who issued death warrants for all four convicts in Nirbhaya case has been transferred to the Supreme court registry.

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Companies announce clinical trials for vaccine against China virus
Posted on 24th January 2020

Clinical trials for a vaccine against the new virus sweeping China could be carried out in the summer, the head of an anti-epidemic coalition said on Thursday, as different companies announced research into the disease.

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