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BSNL VRS 2019 – Rs. 4,156 crore released for payment of Ex-gratia to the VRS retirees

BSNL VRS 2019 – Funds released for payment of Ex-gratia to the VRS retirees

The DoT has released an amount of Rs. 4,156 crore to BSNL. This is for making payment of Exgratia amount to those who have retired under VRS-2019. The DoT has directed that, this payment should be completed within 21 days.

F.No. 30-4/2019-PSU Affairs (Pt.1)
Department of Telecommunications
PSU-I Division

Sanchar Bhawan, New Delhi

Dated: 26 March 2020

ORDER

Sanction of the Competent Authority is hereby conveyed for payment of amount of Rs 4196,00,00,000 (Four thousand One Hundred Ninety Six Crore Rs) to M/s Bharat Sanchar Nigam Ltd (BSNL) for ex-gratia payment to BSNL VRS optee employees.

2. The expenditure is debitable to the following Head of Account:

Head of Account

Amount (in Rs.)

3275-00-800-95-01-50 : Ex-gratia payment to
BSNL employees (Other Charges)

Rs.4196,00,00,000/ –

3. After the payment has been utilized, BSNL should furnish “Utilization Certificate” to this office in accordance with Rule 239 of GFR 2017.

4. BSNL should consume the funds by making payments for ex-gratia within 21 days of the sanction order from DoT. BSNL shall ensure that this amount is spent only for the payment of ex-gratia.

5. This expenditure will be met from the budget grants for this purpose for the year 2019-20.

6. This issues with the concurrence of Member (Finance), DoT vide Diary No. 1189/M/(F)/20 dated 23/03/2020 and PSF Diary No. 95/20/PSE/20 dated 23/03/2020.

(Yogesh Kumar Maurya)
Director (Projects)

To
1. The Pay & Accounts Officer, DoT with a request to pay amount of Rs.4196,00,00,000 (Four thousand One Hundred Ninety Six Crore Rs) to Accounts Officer (Cash) BSNL, New Delhi. Bank- Punjab National Bank-1120002102306372 (account no.).

2. Cash Section, DOT with one spare copy.

3. DDG (B&PEF)/DDG (Accounts) / DDG (PM), DoT

4. CMD BSNL New Delhi

bsnl-vrs-2019-funds-released-for-payment-of-ex-gratia

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