After completion of VRS scheme, a leaner BSNL begins process to roll-out 4G

On October 25, the Centre approved a Rs 69,000 crore revival package for BSNL and MTNL

A month after Bharat Sanchar Nigam (BSNL) completed its voluntary retirement scheme (VRS), the new calender year will see a younger and trimmer PSU kick-start the process of rolling out 4G services.

As many as 78,300 employees opted for the VRS, which is approximately 50 per cent of the company’s total staff cost of Rs 14,500 crore.

The retirement package will save about Rs 9,000 crore annually for the debt-ridden company that is yet to pay one month’s salary to its employees.

“I don’t see much of a difference. Yes, the VRS is an important step and could address the