The Indian Broadcasting Foundation (IBF) has advised its members to take advance payment from Bharat Sanchar Nigam Ltd (BSNL) for all the advertisements of the telecom major running on their channels. The move has been taken following inconsistencies in payments by BSNL, which very often stretches to even six months of overdue.
Our comments: Why so? The IBF says that getting money from BSNL gets stretched for months together. Former BSNL CMD commented that BSNL must make payments to the contractor as soon as the work is finished or as per the contract. What are the reasons for stretching long to make payment. You have money and so only you ordered the work. Why delay in payemnt? This trend should be arrested for the growth of the company immediately.
Get money from BSNL before going in for advt.-
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