BSNLEU demands that the government should ensure BSNL’s financial revival through capital infusion. It is being argued in the media that why should government waste the tax payer’s money for helping BSNL and MTNL. It is nothing but true that, BSNL has not received even a single naya paisa, as financial assistance from the tax payer’s money, during it’s existence of 18½ years. But at the same time, the Times of India dated 17th July, 2019, has reported the government has made a capital infusion of Rs.2.69 lakh crore in the public sector banks during 2018-19 and 2019-20. This capital infusion is made to help the public sector banks, which have written off  lakhs of crores of rupees as bad loans. It must be remembered that, a bulk of these bad loans are taken by the big corporates and not returned by them. The capital infusion made by the government is only to enable the public sector banks to give fresh loans to the big corporates. So, when the government can make capital infusion of Rs.2.69 lakh crores in the Public Sector banks, and that too within a period of two years, why can’t it make capital infusion for the financial revival of BSNL? Our demand is more justified because, it is only because of the anti- BSNL steps of the government, that BSNL has been ruined.

(BSNLEU Website)