As assured to AIGETOA in the meeting held on dated 9th December 2020, the committee has been constituted for examining the issue of extending FTTH service connection to officers below JAG level.
Restructuring of CFA Network, Customer and Partner Management activities.
Click here for BA wise team size required for the centralized NoC activities…Annexure-A
With the constant persuasions of AIGETOA CHQ Team, BSNL CO approves conduction of exams for phase I, Phase II and Phase III through online mode. These are the issues which earlier regimes never took care of but AIGETOA assures one and all every issue pertaining to each and every group of employee, be it small, be it big shall be taken care of. We seek faith, cooperation and Support from all the executives.
CO issue letter for Commencement of Commercial activities by BTCL.
Cabinet approves Provision of Submarine Optical Fibre Cable Connectivity between Mainland (Kochi) and Lakshadweep Islands (KLI Project).
Dear All ,
Warm greetings to my fellow BSNL colleagues,
I must put on record that your dedication & hard work during past several months is already bearing fruits for BSNL. That our company has most satisfied customers for voice services is a testimony to the tireless efforts put in by all of you during this pandemic period.
After successful VRS and resounding success in raising bonds, BSNL has reported positive earnings before Interest Taxes and Depreciation (EBITDA) for the half year ended 30th September 2020, after a gap of more than three years. The company is under able leadership of our Chairman and our efforts have to be to strengthen his hands in all endeavors.
Having joined as Director (Finance) & CFO of the company at this juncture, I seek to outline the direction and priorities that we must collectively hold in times to come and consolidate the gains to stay relevant in the highly competitive telecom market. Our foremost goal shall be improvement in the revenues of the company from core operations as a long term measure of survival & growth. I must emphasize that sustainable revenues & generation of surplus for capital investment is far better vehicle of growth than borrowings for investment. A sustainable mix of financial resources including debt has to be our constant endeavor, in order to optimally exploit the business opportunity in the market. To this extent, our collective focus has to be on quality of services, availability of network and quick & efficient utilization of resources. Return on Investment needs to pursued religiously.
BSNL today needs to generate at least an additional amount of Rs 500-600 cores every month, in order to meet the monthly deficit of income & expenditure. As a business imperative, BSNL needs to fulfill its obligation of timely payments to its vendor partners, as well as its financiers who have helped the company to emerge out of crisis. Therefore, all of us as individual employees need to focus on how our work can translate to higher cash flows for the company. Circles need to focus on recovering old dues to maximize the cash flows. At the same time, we need to optimize various costs and liabilities. With innovation and commitment circles can improve their cash flows, and liabilities can be curtailed.
BSNL is an organization of strategic importance. Government has reposed immense faith in BSNL, entrusting it with execution of prestigious projects like Bharat Net, NFS project for defense forces, submarine cable project and several other projects of significance. Whereas these external projects have an assured return in commercial terms for BSNL, time & cost overruns result in avoidable slippages of these margins. These projects have to be completed within planned time in order to live up to the expectations & trust of the government as well as ensure commercial value to BSNL.
The trust of the government in BSNL stands reinforced by the recent decision to mandatorily use BSNL services for central government establishments. This expression of faith in your capability came close on heels of the of BSNL bond, which was oversubscribed by more than 100% within a few hours. These events should leave us with no doubt about the magnitude & depth of responsibility which stands vested in us now. BSNL is now obligated to honor several compliance deadlines as laid down by Securities & Exchange Board of India. Our working & financial reporting shall be under scrutiny by investors. The perception and image of the company now will find expression in terms of our valuation in the market, and hence we all, employees & leaders alike, need to act with a sense of great responsibility on matters financial reporting, and always be circumspect in our statements on matters of company’s affairs.
I am certain that all verticals of the company are already oriented towards bearing this responsibility of survival & growth and all of us will work with these central objectives to achieve the vision laid down by our chairman. The challenging times cash upon us equally challenging tasks and I am confident that all BSNL employees will shoulder these challenges with conviction & enthusiasm. From my side, I assure that I shall work in the above direction with my colleagues in the Board.
My sincere thanks to each one of you for your dedication to the organization.
Thank you.
Yojana Das
Director (Finance) & CFO
Monetization of RTTC compound land – Shifting of Residents of Quarters of block D, E, F and G Quarters falling in area earmarked for land monetization.
We Protest Freezing of Dearness Allowance to employees of CPSE by DPE:
We strongly protest the recently issued order of DPE regarding freezing of Dearness Allowance to the Employees of Central Public Sector Enterprises (CPSEs) drawing pay as per 2017, 2007, 1997, 1992 & 1987 IDA pay revision guidelines at current rates till 30th June 2021, which is due from 01.102020.
AIGETOA will fight firmly against this arbitrary and vindictive order which inflicts damage to the rights of the employees of all CPSEs including BSNL. When 3rd PRC was not implemented in BSNL, then whether DPE came with a direction to blanket implementation of 3rd PRC to all CPSEs including BSNL. When the salary is being borne by the CPSE through own resources then how DPE can impose blanket ban/freezing on IDA. Friends, we are in discussion with Associations/Unions of BSNL as well as other CPSEs to give immediate response as well as start a sustained struggle to recall the biased order.
Team AIGETOA comprising of Shri Wasi Ahmad GS, Shri BadriKumar Mehta VP, Shri Sunil Gautam AGS, Shri Vivek Kumar Singh OS met and Shri Subrat Mukund with the new Director(Finance), Ms Yojana Das on her assumption of the charge on 16.11.2020. The team greeted the director with a flower bouquet and welcomed her on joining to the esteemed post of Director(Finance).
Team AIGETOA under the aegis of the General Secretary held brief meeting with the Director and assured to extend full support in her endeavor for the betterment of BSNL. The GS also apprised about the current status of the organization and newly elected representative association, AIGETOA and its goal to work towards the organization and its people. The issues of 4G roll out, regularization of salary, fund requirement to field units, pending promotions, SAB and restructuring figured briefly in the discussion. The comprehensive discussion didn’t happen as it was a welcome meet and item wise detailed meeting will be arranged between the Director(Finance) and the Recognized Representative Association, AIGETOA very soon. The meeting ended with a positive note to work with mutual respect and larger interest of BSNL and its employees.
Entrustment of Additional charge of Director (Finance) BSNL to Shri Suresh Kumar Gupta for the period of three Months from 26.10.2020 to 25.01.2021