It has been reported in the media that CMD BSNL R.K.Upadhyay stated that for offering VRS an amount of Rs. 4,000 crore can be spent by BSNL and the rest ( about Rs. 14,000 crore) has to be provided by DOT. For one thing, if the entire proposed amount of Rs, 18,000 crore is given for BSNL, it can develop and expand and the company will become financially viable. The cash crunch can be made good. So why spend for VRS when that amount can be utilised for better purposes?
Secondly, from where BSNL is going to spend Rs.4,000 crore for VRS? How can BSNL spend the money for VRS instead of development?
The management has to answer these vital questions before proceeding with VRS.