When it is a government department, salaries to the employees will be paid whether there is profit or loss. But it is different with the Public Sector.
When the ITI started going down and losses incurred, there is no wage revision since 1992. The question of bonus does not arise. The salaries are not paid monthly. ITI has to depend upon the government to pay the salary. It is the same case with the HMT and Hindustan Cables.
Now the Maharaja, the Air India, has also gone on loss for the last few years. And salaries are being delayed.
But the basic issues are forgotten. Why there is loss in these PSUs which were once the blue eyed PSUs of the government?. It is only due to the anti-PSU policy of the government, the mismanagement by the bureaucracy and sometimes the slackness of the workers in recognising and realising the situation and not taking remedial measures in time.
Now BSNL is on the wane. Although the loss has started in 2009-2010, it is sure there will be more loss in 2010-2011. If urgent remedial measures are not taken, then BSNL also will join the loss making companies.
The workers have to rise, compel the government to change its anti-BSNL policy as also make the management to run the organisation effectively and also put their maximum work to restore the glory of BSNL and its services.
Of course the BSNL Workers will rise to the occasion and make BSNL the best service provider in the country!