One lakh jobs at risk as vendors struggle to get Rs 20,000 crore from BSNL

Nearly 100,000 jobs in the domestic telecom sector are at risk following continued non-clearance of outstanding worth Rs 20,000 crore from the state-controlled telecom operator Bharat Sanchar Nigam Limited (BSNL).

“This is an unfortunate situation. More than 1 lakh employees of domestic companies may be out of their job in the next few weeks if the government continues to ignore the financially-stressed industry,” Sandeep Aggarwal, chairman— Telecom Committee at PHD Chamber of Commerce & Industry and co-chairman of the Telecom Exports Promotion Council (Tepc) told ETT.