The International Rating Agency, Fitch has stated that the PSUs BSNL, MTNL and small private telcos will suffer losses in 2012, while the major private telcos will continue to improve their position.
According to Fitch, Airtel, Vodafone, Idea and Reliance should improve in 2012 while Tata Teleservices, Uninor, Aircel, Sistema Shyam, Etisalat and videocon will suffer. BSNL and MTNL also.
This is based on some facts and figures available with them. But with regard to BSNL they have not counted one thing – the commitment of the 2.75 lakh workers to ensure that BSNL is improved and strengthened, “Customer Delight Year 2011-12”.
Let all of us try to make the prediction of the Fitch wrong. Strengthen BSNL!

The UPA government is trying to save the blackmoney holders who have stashed hugh amount of black money in the swiss Banks. It has already received the details of 700 Swiss HSBC Account holders, including account numbers, names and addresses as given in the Passports.It is months since these information has been received by the Govt. But it was keeping these information secret stating that disclosing them will be against international law. But the fact is that these information were not received through legal routes and hence law does not come in to the picture. The government don’t want to disclose, probably because powerful persons are involved whom it want to save.
But now the government is compelled to disclose the names of these black money people. The Parliamentary Standing Committee on Finance is expected to ask the govenment to disclose the names. Will the government disclose?
I am of the strong opinion that the Government has to disclose and take serious action against them for cheating the country and violating the laws of the land. I is also to be enquired from where this money has been received.

Serious and hectic preparations are being organised by the workers to make the Parliament March on 25th November against the PFRDA Bil a grand success. The Steering Committee met earlier and has planned all details. It is expected that more than one lakh workers of Central / State governments, teachers, Railways, defence, Postal, BSNL and pensioners will be participating in the same. The March will start from Jantar mantar and the lakhs of signatures obtained against the PFRDA Bill will be submitted to the President and Prime Minister of India.
The Standing Committee has already sent back the bill to the government. The Cabinet has finalised the same, but without accepting some of the favourable recommendations of the Standing Committee. The government is aggressively working for getting it passed in the Parliament, so that the lakhs of crores of rupees of the pension corpus can be utilised by the Fund Managers and the private corporates for increasing their profits. But there is no assured benefit to the workers who contributed to the fund.
There is no doubt in the mind of the employees that this bill has to be thrown out and should not be allowed to be passed by the Parliament. The Parliament March on 25th November is one more step towards this target.
Participate in full and express your protests.

The United Forum of BSNL Unions have expressed its strong protest to the management at the undue delay in settlement of the problems and has decided to go on agitational path. Even the decisions taken in the National Council are not implemented even after months.
As per the decision of the last meeting of the United Forum, Day long Dharnas will be organised today, 18th December, in all SSAs/Circles and at Corporate office. Next programme is Hunger Strike on 28th and 29th of December.
The top management may be worried about the ITS absorption issue. But it does not mean that they can keep quiet without doing any work either on development side or on the genuine issue of the workers. Even after a detailed Charter of Demands were given to the management, no fruitful discussions have taken place. This position can nat be accepted by the workers. Simply requesting to postpone the agitational programme does not have any meaning.
Make the programmes successful with massive participation to compel the management to settle the isuues urgently, with top priority.

I am giving below a note sent by Com. Mihir Dasgupta, former AGS BSNLEU:
The BSNL Management and the Dept. of Telecommunications (Govt. of India) are preaching hard for resorting to massive retrenchment to the tune of one lakh of employees on the pretext of increasing cost of remuneration. They are deliberately hiding the fact that Revenue earned by BSNL from Services has plummeted to the tune of 25% over last six consecutive Financial Years.

An analysis of Service Revenue of BSNL during the period from FY 2005-06 to 2010-11 based on the official Balance Sheets of the Company reveals an altogether different story. In the annexed table, BSNL’s Revenue towards overall service vis-à-vis six major heads for six successive financial years are given.
Figures in Crore Rupees
A/c Head 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11
Total Service Revenue 36,139 34,616 32,842 30,269 27,913 27,045
Telephone (Wireline) 20,421 16,605 12,668 9,173 8,268 6,839
Cellular (GSM) 6,434 9,265 10,530 9,828 9,761 8,803
WLL (CDMA) 482 568 618 636 575 506
Broad Band 162 514 916 1,756 2,485 3,308
Leased Line 532 513 757 960 1,064 1,827
From Other Operators 6,972 6,146 5,656 4,305 2,978 3,285

While total service revenue has come down from Rs. 36,139 Cr to Rs. 27,045 Cr during this period, revenue from Wireline Telephones suffered most severe setback – from Rs. 20,421 Cr to Rs. 6,839 Cr. Cellular (GSM) segment, recorded highest revenue of Rs. 10,530 Cr in 2007-08: it has also come down to Rs. 8,803 Cr in last fiscal. Even, receipts from other operators have dwindled steadily from Rs. 6,972 Cr to Rs. 3,285 Cr. The only saviors are the Broad Band and the Leased Line services. Broad Band revenue has grown manifold from Rs. 162 Cr to Rs. 3,308 Cr, while that of Leased Line from Rs. 513 Cr to 1,827 Cr.

What conclusion should one make from the above analysis of official figures? While the same employees had improved the scenario in Broad Band and Leased Line services to such a great extent despite all odds, can they be blamed for dismal record in other spheres? So, what are the reasons for the dismal showing in those segments? It is the wrong policy of the Govt. and BSNL Management only to be blamed. They have created this situation by denying BSNL all opportunities of expansion and improvement by sabotaging all successive tenders in the fiercely competitive environment and allowing the private sector companies a virtual free run. Also is there the wrong tariff policy.

And now the actual culprits are accusing the real heroes!

Don’t tolerate – give them a big and bold rebuff. It is the cry of the hour.

-o-o-o-

International Labour Organisation (ILO) has warned the governments that the world is heading towards a serious job recession. ILO spokesman stated, “We estimate that for the next two years, the world economy would need 80 million jobs to bring the unemployed rate down to what it was before the crisis in 2007”.
But according to its estimation only 40 million jobs are going to be created which will result in serious unemployment not only in the developing but also in the developed countries. The recession started in 2007 has resurrected again in 2010. It is going to be further critical as per all indications. The capitalist system will not be devoid of continued crises, except for short periods.

In an interview with the Economic Times reporter, Shri R.Chandrasekhar , Secretary DOT has stated that the National Telecom Policy -2011 (NTP – 2011) will be finalised by early next year.
But it is not important when the policy will be finalised. The moot point is, what are the contents? Going through the draft of the NTP-2011, it is very clear that this policy is intended to favour the private telcos and MNCs to capture the market and get maximum profits. It is intended to legalise all the illegal actions and acts which the government has done to favour the private companies. It is intended to push down the PSUs, BSNL and MTNL to the bottom and gradually privatise the same handing over the vluable land assets and huge infrastructure throughout the country to the greedy private operators.
That is why the BSNLEU and the JAC has given a critique of the draft NTP-2011 and also the draft of an Alternate Telecom Policy (ATP) which will benefit the country and the people which will strengthen the PSUs, BSNL and MTNL.
Massive campaign is necessary in this matter to make the workers and people understand the real position and defeat the nefarious plan of the Government.

You might have read about the huge Non-Performing Assests (NPA)of the Public Sector Banks. NPA is the polished name for the unreturned loans to the banks. 95% of these NPAs are loans to be returned by the big corporates and businesses. Thousands of crores are to be paid by these sharks to the banks. The government is shy of taking any action since these big guns are their blue eyed boys.The Government and the Reserve Bank of India have all the details of these defaultees, but will not divulge it.
Now the Central Information Commission has asked the Reserve Bank of India to make public the names and other details of the top 100 industrialists who have defaulted repayment and cheated the Public Sector Banks. The RBI has earlier objected to the publication of the names on the plea that ‘ it would adversely affect economic interests of the state’. Wonderful!
It is utmost necessary to publish the list, not only of the top 100 defaulters, but that of all defaulters having at least unpaid loan of more than one crore.

Despite the strong opposition from the employees of Central /State Governments, teachers, Railways, Defence, Postal and BSNL numbering more than one and half crore, the Central Government is hell bound to pass the Pension Fund Regulatory and Development Authority (PFRDA) Bill in the winter session of the Parliament starting from 22nd November 2011. The Bill was introduced in Parliament on 24th March 2011. It has been referred to the Parliamentary Standing Committee of Finance headed by BJP leader Yashwant Singh. The Committee had suggested that there should be a cap of FDI and also that there should be provisions for easy withdrawal from the fund by the concerned employee.
The Cabinet did not agree for a cap in FDI, but has stated that it will be at 26% at present. It gives the power to the government to increase at any time. If a cap was put in the Bill, then it would have been difficult to increase the same without the consent of Parliament as is now the case with Insurance sector. It clearly means that the government wants to increase FDI at the next opportunity by an administrative order.
In the same way, denying withdrawal is also to make available the full funds to the Fund Managers to do whatever they like with the funds uninterrupted.
The Standing Committee has suggested that there should be assured returns to the employees, which also has been rejected by the Cabinet.
It has now become very clear that while pious declarations are made for the benefit of the employees, the Government is implementing its neo-liberal agenda of allowing the huge pension corpus amounting to lakhs of crores of rupees in the hands of Fund Managers and private companies for their benefit. The hard earned money of the employees will be at serious risk.
Once the Parliament enacts the bill, the pension of not only those recruited after 01-01-2004 in the Government services and after 01-10-2000 in BSNL will be adversely affected, even those who are recruited earlier are also in peril.
That is why the entire Central/State government, Railways, Defence, Postal, Teachers and BSNL employees are fighting against this anti-worker bill. At the present juncture it is most important that the Parliament March proposed on 25th November against the PFRDA Bill should made a thumbing success with massive participation. On that day a memorandum signed by lakhs of workers and pensioners will be presented to the President and Prime Minister of India.
There cannot be any compromise to the government’s move to defraud the employees of their hard earned pension.

The Prime Minister joined the chorus in reiterating that corporations in crisis, like Kingfisher should be helped by the govt. It’s an irony in a country where a huge majority lives below the poverty line, farmers commit suicide & foodgrains rot while inflation runs riot. The PM heads a govt. dedicated to privatise the entire economy & work towards ‘zero’ govt. spending. While, Kingfisher Air, run by the flamboyant & irresponsible Vijay Mallaya, has been driven to near bankruptcy, the Congress led UPA govt. has, with unusual alacrity rose as its white knight. Mallaya, who represents the worst case of conflicting interests in being a parliamentarian & using it to further the fortunes of his business interest, had rushed to the Aviation minister, Valayar Ravi, who was quick to provide him succor & said that the FM would speak to the banks & ask them to bail out Kingfisher.
The banks nudged into saving Kingfisher have come together & decided to take complete control & ring-fence the cashflows. They will put a mechanism where all the earnings will flow into a single account, which will be closely tracked to avert defaults.
While data around the world over the 2 decades have shown that the aviation industry can only survive as a low cost & highly efficient run business, Mallaya chose to go against it, his profligacy subsidized by the ministry in providing profitable routes, PSU banks rolling over his loans, inspite of increasing risk, till it hit rock bottom. Now, this cry for the govt. to bail it out, when the private sector has been all for ‘zero’ govt in business, smacks of the inherent duplicity. In fact, the airline should be investigated for financial irregularities, non-payment of dues to the oil companies, inspite of getting its revenue in full & in advance from its customers. ( Courtsey – Ganasakthi )