VRS Latest inf. by Ashok Hindocha M-09426254999

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NFTE CHENNAI TELEPHONES
Discussions on VRS Proposal:

NFTE-BSNL delegation consists of comrades Islam ahemad , Chandeswar singh, C.K.Mathivanan and Rajpal met the top management today(27/09/2011) on invitation to discuss the VRS proposal. At the outset, NFTE-BSNL rejected the VRS proposal to improve the financial viability of the company and warned of a united strike action if the management did not drop the retrograde VRS proposal immediately.

Shri A.K.Garg, Director (HRD) assured that no body will be forced to go out of the company under the VRS proposal.. He also informed us that the management will implement the VRS plan only if it gets Rs 20000 crores from Govt of India . He assured that the management neither going for bank loan nor disinvest BSNL shares in the market to mobilize fund for implementing the VRS. We also confirmed that BSNL is being a loss making company only Gujarat pattern of VRS compensation will be possible in BSNL. This set rest the rumors going on regarding high amount of compensation for VRS optees. Thus an employee may get only 35 days (pay +IDA) for every completed year of service and not 60 days salary of rumoured.
www.bsnlnewsbyashokhindocha.blogspot.com M-09426254999