‘Tackling BSNL’s liquidity crunch should be a priority for Government’

It’s not only the delayed salary payments that’s troubling Bharat Sanchar Nigam Ltd but also pending dues to vendors that is threatening to impact the growth of the Public Sector Undertaking.

According to top sources, BSNL has delayed paying some of it’s vendors due to liquidity crunch. “If BSNL is unable to pay it’s vendors for equipment or services how will it be able to place orders for future requirements. The new government should address this issue on priority basis if it wants to avoid a huge crisis,” said an industry executive aware of the situation. In an internal note sent by BSNL’s Director of Finance to all circle heads, it has acknowledged the problem.