BSNL clears employees’ full salary for June

Chennai: State-owned BSNL has cleared the June salary of all its employees, while it awaits clearance of around Rs 14,000 crore in dues from the Telecom Department.

“BSNL has cleared salary payments of all employees for June from internal accruals of about Rs 2,000 crore,” an official source, who did not wish to be named, told PTI.

The company has cleared around Rs 750 crore for salaries, paid interest of around Rs 800 crore on loans and rest of the funds have been approved for operational expenses like electricity bill payments, partial dues of vendors etc.

“A finance wing official has confirmed that they have received funds for June salary and it will be credited in the accounts of employees on Monday,” All India Unions and Associations of Bharat Sanchar Nigam Limited (AUAB), Convenor, P Abhimanyu, said.

According to the source, the company has sent demand of Rs 14,000 crore to the Department of Telecom in April but is yet to receive it.

The demands include payment for excess pension amount, dues for rolling out mobile network in naxal effected area, and interest it paid on BWA spectrum, which was returned to the government, among others.

NT Bureau