BSNL employees retirement row: Spat reaches Supreme Court; here is what it ordered
BSNL employees of the Chennai circle approached the Supreme Court under the banner of National Federation of Telecom Employees pleading repatriation to the parent company.
The BSNL-Government spat has finally reached the Supreme Court where nearly 2,000 employees of the telecom company submitted their grievances and pleaded for repatriation into their parent company from which they were shifted to the public sector telecom company at the time of its formation in the year 2000. The government has proposed a one-time retirement package for the BSNL employees to revive the public sector telecom giant.
The BSNL employees of the Chennai circle approached the Apex Court under the banner of National Federation of Telecom Employees pleading the highest judiciary of the nation to ensure the safety of around 1.73 lakh BSNL employees, whose livelihood has suddenly been put under risk after the central government's one-time retirement proposal.
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The Supreme Court bench comprising Justices SA Bobde and BR Gavai directed the lawyers representing the association to approach the High court after hearing the plea. BSNL employees petition file by association advocates Ashok Mathur and R Sudhinder wondered as to how the BSNL being the market leader till 2010 went out busting and currently not able to pay salaries to its employees.
The petition reads, "BSNL was always the victim of poor or delayed management decision on various business strategies. It also has a bad experience in getting the government approvals on time when it tried to expand the business or compete with other telecom companies. BSNL was about to be the first 4G provider in India but it wasn't allowed by the Indian government."
The government-employee spat has taken its toll on the Bharat Sanchar Nigam share price also. In the last one week, the telecom major has been trading tepid as the counter has scaled from 11,494 to 11,541 per stock levels.