VIEW THE ORDER> DoT_cghs
The AUAB met Shri P.K. Purwar, CMD BSNL, on 04-07-2019, and had a very detailed discussion. General Secretaries of BSNLEU, NFTE, SNEA, AIBSNLEA, BSNL MS and representatives of AIGETOA, ATM and BSNL OA participated.
The representatives of AUAB conveyed to the CMD BSNL, the decision of the AUAB meeting held on 03.07.2019, to intensify the “BSNL At Your Door Steps” programme, to step up the revenue collections of BSNL. The CMD BSNL appreciated it and informed that the BSNL Corporate Office also would take steps to make this programme successful. Further, he advised that efforts should be taken to collect the outstanding dues. The outstanding amount in the EB Branch alone comes to Rs.3,000 crore, said the CMD BSNL. Further he also requested to ensure that scrap materials are disposed off, to collect money.
The representatives brought to the notice of the CMD BSNL that there is a great demand for BSNL’s FTTH connections, through which the Company can collect handsome revenue. However, they pointed out that needful equipments, stores and materials are not available, as result of which BSNL is not able to provide FTTH connections on demand. The CMD BSNL replied that needful action would be taken in this regard.
The representatives of the AUAB recorded their strong protest for the taking over of the ALTTC by the DoT and told that they would be compelled to launch struggles against this. The CMD BSNL told that this would be duly communicated to the DoT in the appropriate manner.
The representatives also told the CMD BSNL that a large number of BTSs are being shut down due to non-payment of electricity bills and also wages were not paid to the contract workers for the past 6 months. They pointed out that the quality of service is deteriorating rapidly and something needs to be done to stop it. The CMD BSNL replied that no bank is coming forward to give loan and still he is trying hard to get bank loan to improve the situation.
As regards, the taking away of maintenance works of BBNL, from BSNL, the CMD BSNL replied that the rate that BSNL is getting for this maintenance works is very less and that the BBNL is not willing to raise it. Hence, BSNL is also not interested to continue with the same, since it is not a gainful job. Further the CMD BSNL told that BSNL has claimed compensation from the government to run 17,000 loss making exchanges.
In a question raised in the Lok Sabha on 26th June, 2019, Shri Ravi Shankar Prasad, Hon’ble Minister for Communications & IT, has replied that BSNL has provided 8,02,58,007 mobile connections in the financial year 2016-17, 2017-18, 2018-19 and upto 31st May, 2019. The question and answer are given above
Despite the severe financial crunch being faced by BSNL, and despite not having 4G technology, BSNL continues to increase it’s mobile connections month after month. In June, 2019, BSNL has added 15,21,319 mobile connections.
Banks have reported a massive 73 per cent increase in incidents of fraud worth Rs 71,543 crore in FY19, a senior Reserve Bank official said on Thursday.
Till March 2019, the top five, 10 and 100 cases of frauds cumulatively reported constituted 24 per cent, 34 per cent and 70 per cent of all frauds, respectively, a Chief General Manager with the RBI Jayant Dash said. In FY18, the banks had reported frauds worth Rs 41,167 crore, he added. “Total value involved in these frauds reported by the RBI-regulated entities during FY19 amounted to Rs 71,543 crore as against Rs 41,167 crore during the previous year, which is a 73 per cent jump year-on-year,” Dash told a CII event here.
He said the distribution of reported frauds by banks follow a high pareto principle also known as 80/20 principle, which means 80 percent of the consequences come from 20 percent of the causes. The large value frauds worth Rs 50 crore and above, constituted about 1 per cent of the fraudulent cases but amounted to three-fourths of the fraud losses, Dash said.
Banks, on an average, report fraud loss of Rs 35,000 crore every year. “This does not take into account loss to investors and other financial and operational creditors, apart from the intangible losses to the system,” he said. The amount involved in frauds reported since FY15 stood at Rs 1,74,798 crore, constituting a whopping 211 per cent of actual occurrence of frauds during the same period at Rs 82,959 crore, he said.
Noting that corporate fraud is rarely a one-step operation, he said, “the most expensive frauds are committed by management teams who have the ability to override control systems and collude to cover their tracks.” Addressing the same event, Sebi Executive Director Anand Baiwar said there is a close link between corporate frauds and corporate governance. “Effects of good corporate governance can be seen in terms of improved operating results and enhanced market capitalisation,” Baiwar said.
A meeting of the AUAB was held yesterday. Com.K. Sebastin, GS, SNEA, presided over. General Secretaries / representatives of BSNLEU, SNEA, AIBSNLEA, BSNL MS and ATM attended the meeting. The meeting expressed it’s severe protest over the taking over of the ALTTC and other properties of BSNL, by the DoT. The meeting also discussed about the developments related to the monetisation of BSNL’s vacant lands, towers and fibre. After in-depth discussions, the following decisions are taken unanimously:-
- To meet the new CMD BSNL and to discuss about revival of BSNL and certain other issues.
- To call upon the Executives and Non-Executives of BSNL, to intensify the implementation of the “BSNL At Your Door Steps” movement, with the view to increase BSNL’s revenue collections.
- To write letter to the DoT, opposing the taking away of BBNL’s maintenance works from BSNL.
- To write reminders to the Hon’ble MoC & IT and to the Secretary, Telecom, for granting meeting to the AUAB.
Interest Rates for Small Saving Schemes for second quarter of financial year 2019-20 is declared by Department of Economic Affairs, Ministry of finance on 28th June 2019
Government of India
Ministry of Finance
Department of Economic Affairs
North Block, New Delhi
Subject: Revision of interest rates for Small Savings Schemes.
The undersigned is directed to refer to this Department’s OM of even number dated 16th February, 2016, vide which the various decisions taken by the Government regarding interest fixation for small savings schemes were communicated to all concerned.
On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various small savings schemes for the second quarter of financial year 2019-20 starting 1st July, 2019, and ending on 30th September, 2019, on the basis of the interest compounding / payment built-in in the schemes, shall be as under:
This has the approval of Finance Minister.
(Akhilesh Kumar Mishra)
The 5th biennial Circle Conference of Tamil Nadu was held at Durgha Mahal, Coimbatore on 29-30 ,June, 2019. Com.P.Manickamurthy , Circle President presided over the conference. Com.P R Natarajan MP and Chairman, Reception Committee welcomed one and all. Com.C K Narasimhan , Circle Secretary also welcomed all on behalf of the Circle branch.
Inaugurating the conference , Com K G Jayaraj, General Secretary explained in detail the post general election national situation and how our issues including pension revision and revival of BSNL are connected to these situations. He firmly asserted that strong and joint struggles are to waged to face the dangerous political situation in the country and the possible onslaught of the government. General Secretary congratulated the Circle Branch for the advancement in membership and the systematic functioning. Coms.K Raghavendran, General Secretary, AIPRPA, Babu Radhakrishnan, Circle Secretary, BSNLEU, G S Narasimhan, Circle Secretary, AIBDPA,Chennai Telephones, S Mohandoss, CHQ Vice President, C Vinodkumar, Circle Secretary, TNTCWU, K Pankajavally, CHQ Asst Treasurer, Merlin Alice Mary,BSNL WWCC and Arumugam, Dist Vice President, CITU adressed the conference. The message from Dr.Niranjana, CCA, Tamil Nadu wishing the coference all success was read out by the Circle Secretary. More than 500 comrades participated in the inaugural session.
In the subject session Com.C K Narasimhan, Circle Secretary and Com.S.Nataraja, Treasurer submitted the biennial report and audited accounts. 32 comrades from the district branches and 3 circle office bearers participated in the discussion. Coms.K G Jayaraj, General Secretary and C K Narasimhan, Circle Secretary replied to the issues raised in the discussion after which both the report and accounts were adopted. 38 resolutions on various issues presented by Com.N Kuppusamy on behalf of the Resolution Committee were adopted unanmously. Com.Muthukumarasamy, Convenor, Crential Committee presented the credential report.
The conference then elected a 25 member circle office bearers unanmously with Com.C K Narasimhan (President) Com. N Kuppusamy (Circle Secretary) and Com. S Nataraja (Treasurer)
The Reception Committee headed by Com.P R Natarajan MP(Chairman) and Com.V Venkitaraman (General Secretary) made excellent arrangements and were duly felicitataed. With vote of thanks by Com P Gnanasekharan Asst Circle Secretary the memorable conference came to an end at 4.30PM on 30th June, 2019.
BSNLEU and BSNLCCWF have decided to organise massive dharnas at the Corporate Office, as well as in the circle head quarters on 16.07.2019, demanding the Management to immediately clear the payment of wage arrears of the contract workers, and also to demand the withdrawal of the Corporate Office instructions, for retrenching the contract workers. All circle unions of BSNLEU are requested to take all out steps to ensure that this dharna is conducted massively in all circle head quarters. Circle and District secretaries of BSNLEU are requested to coordinate with the contract workers’ union (BSNLCCWF) to ensure large scale participation of the contract workers also in the dharna.
AIBDPA ENDORSES THE DECISION AND REQUEST ALL THE UNITS TO PARTICIPATE IN THE DHARNAS ENSURING MAXIMUM PARTICIPATION.
Vadodara District Branch has held it biennial conference on 08-06-2019 under presidentship of senior leader Com.M Z Khan. Com.A J Gosai, District Secretary welcomed the participants. Inaugurating the conference, Com. V S Saraiya, Asst Circle Secretary explained the current issues confronting the pensioners. A host of leaders, including,Coms.R C Patel, Circle Vice President, H J Pal, District President, S B Vasava, Circle Organising Secretary and BSNLEU leaders greeted the conference.
The biennial report and audited accounts presented by the District Secretary and Treasurer, respectively, were adopted after discussion.
Office bearers elected unanimously incuded Coms. M Z Khan (Patron), H J Pal (President), A J Gosai (District Secretary) and V S Saraiya (Treasurer)
Veteran Leader Com.N T Sajwani passed away at Bhopal on 29-06-2019. He was one of the tall leaders of telecom movement and served as Secretary General, NFTE and was Circle Secretary,E III, Madhya Pradesh for a long period. The historic Bhopal All India Conference of E III in 1991 was held under his guidence as General Convenor, Reception Committee.
He was a well wisher of AIBDPA and had addressed the Circle Executive Committee Meeting of M P held at Bhopal on 09-09-2018.
AIBDPA pays respectful homage to Com. N T Sajwani and conveys heartfelt condolences to the bereaved family.