BSNL to clear February salary of employees by Friday: CMD

Public sector telecom firm BSNL will clear salaries of all employees for February month by Friday, its Chairman and Managing Director Anupam Shrivastava said Thursday. “BSNL will pay salary of all employees by tomorrow. We are thankful to telecom minister Manoj Sinha for his timely intervention to ensure that salaries of employees are paid at the earliest,” the BSNL CMD said. He said that revenue receipt of BSNL is usually higher in March and internal accruals have started flowing in.

“We expect total accruals of Rs 2,700 crore in March of which Rs 850 crore will be used for salary disbursement,” Shrivastava said. He said that BSNL is the only player, apart from Reliance Jio, which is adding new subscribers that has lead to higher revenue accruals.