BSNL CMD reads riot act as 13 circles see fall in revenue

SURVIVING ON GOVERNMENT'S bailout package of ₹1.64 trillion, state-owned BSNL's revenues in 13 circles has seen a sharp decline during April-December period of the current fiscal, leading the company's chairman and managing director read the riot act to the chief general managers (CGMs) of the circles concerned.

- JATIN GROVER

"It may be noted that the signed MoU between DoT and BSNL to implement Cabinet decision (revival package) requires BSNL to ensure accountability by taking action against non-performers. It can be seen that five circles have become borderline negative (with regard to revenue), five circles have become markedly negative and three have slipped into the critically negative territory in the last one year," BSNL CMD P K Purwar has said in a letter to the CGMs.

The eight circles in which the company has seen a significant fall in revenues are West Bengal, Chennai, East, Sikkim, Andaman and Nicobar, Orissa, Bihar, and Karnataka. The circles where the company has also seen weakness in revenues are Kerala, Jammu and Kashmir, Andhra Pradesh, North East, and Jharkhand.