The minister told the employee unions on Tuesday that the proposed listing of BSNL will now be considered by a group of ministers (GoM). He also added that the Centre will first hold discussions with unions before taking a final call on the issue, two people present at the meeting said. The larger implication is that BSNL’s IPO is unlikely this fiscal as the employee unions are bitterly opposed to the proposal. The BSNL board had cleared this proposal in 2008, but strong opposition from the unions, which claim to represent 300,000 employees, has made sure that the plans remain only on paper. Mr Raja also assured the representatives of employee unions that the Centre would consult them before implementing the Sam Pitroda committee report, which recommended the telco’s three lakh staff be reduced by a third.
To know more what Economic Times say about our strike pl.read..ET on strike.
ET on strike.
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