BSNL releases salary payment for July: Chairman and MD P K Purwar

Bharat Sanchar Nigam Ltd (BSNL) on Monday said that it has released salaries of employees for payment for the month of July. The salary payments are being funded out of internal accruals, BSNL Chairman and Managing Director P K Purwar told PTI. A BSNL employee union had last week claimed that the salaries of employees for July had not been paid on the due date and they had not been informed by the management about when the payments would be cleared. Purwar had said that the salaries would be cleared on August 5.

“BSNL has already released the salary of employees, for which the funds have been transferred to the banks,” Purwar said on Monday. Distressed telecom PSUs Mahanagar Telephone Nigam Ltd (MTNL) and BSNL have been making losses and have faced challenges in clearing staff salaries in the recent past. The two PSUs had delayed payment of salaries for February until mid-March due to a financial crisis.