It was pointed out at the meeting that after implementing the second pay revision, persons at Board level can earn as much as 200 per cent of their basic as bonus and other fringe benefits. This is almost Rs three lakh per month or Rs 36 lakh a year besides other perks like housing, LTC and medical.
But this is far less compared to what top executives get in the private sector.
BSNL CMD Goyal, however, pointed out that in the past the PSU itself has performed quite well, even in the face of competition from private sector companies. "What is required is freedom of action by the Board," he said.
Goyal is understood to have told the DoT that in order to act as fast as competition, the Board needs to be given the freedom to act without questioning. If the Board and Management Committee have taken a decision, then it should not be questioned.
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Our comments: BSNL CMD wants freedom to act. Decisions should be taken fast. The Board needs freedom to take decisions without questioning. With all constraints, it is known that BSNL is able to catch subscribers. With freedom in taking decisions,quick implementation etc.BSNL will scale to new heights.
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