Around 92,000 employees of state-owned telecom service provider have opted for the recently launched Voluntary Retirement Scheme.
The ‘BSNL Voluntary Retirement Scheme – 2019’, that was launched out on November 4 will remain open till December 3.
The Union Cabinet had last month approved a plan to combine MTNL – which provides services in Mumbai and New Delhi – with BSNL that services the rest of the nation.
MTNL has reported losses in nine of the past 10 years and BSNL too has been ringing in loss since 2010. The total debt on both companies stood at Rs 40,000 crore, of which half of the liability is on MTNL alone.
