8 companies apply for spectrum auction on 8th February

Tags

Unlike last auction, the present auction for spectrum will have more telecom companies to bid. The auction is scheduled to be held on 8th february and already eight companies have already applied. They are Vodafone, Airtel, Aircel, Tata Tele Services, Idea cellular, RJIL,Telewings(Uninor) and Reliance Communications.

The Government is expecting about Rs. 11,343 crores as per budget estimates. But it is expected, the auction may get more than that.

AIBDPA – Formation in Haryana Circle

Tags

, ,

A massive meeting of pensioners will be held t Hissar on 16th January 2014 to form the Circle union of AIBDPA. Com.V.A.N.Namboodiri, Advisor, AIBDPA, Com. M.S.Kadian, Circle Secretary BSNLEU, Naresh Kumar, Circle President BSNLEU, Kuldeep Singh All India Asst. Treasurer BSNLEU and other leaders are expected to be present.

Cabinet Committee on Economic Affairs decides on 30% Quota to ITI

Tags

, , ,

The Cabinet Committee of Economic Affairs (CCEA) has approved the proposal of the DOT to continue allotment of 30% quota on telecom equipments for BSNL, MTNL to the ITI. The Press Statement issued by the Govt. in this connection is given below:

Procurement quota to M/s. Indian Telephone Industries Ltd. on procurements made by BSNL and MTNL

The Cabinet Committee on Economic Affairs has approved the following proposal of the Department of Telecommunications regarding continuation of reservation quota for M/s Indian Telephone Industries Limited (M/s. ITI Ltd.).

This will enable ITI to survive in the competitive environment of telecom manufacturing.

a) To continue the reservation quota policy for M/s ITI Ltd. by reserving 30 percent of procurement orders placed by BSNL and MTNL for M/s ITI Ltd., for products manufactured by ITI Ltd. and 20 percent of the network roll out orders for their turn key projects (like GSM network roll-out) of BSNL and MTNL.

b) ITI would accept orders under the reservation quota only after the price is known and it is commercially viable.

c) BSNL/MTNL will give 10 percent advance against the orders placed on ITI, subject to liquidation of advances outstanding against previous projects awarded to M/s ITI Ltd. by BSNL/MTNL., so that ITI does not face the problem of working capital for execution of orders, subject to adequate safeguards for proper utilization of these advances.

d) ITI shall exercise its option under the reservation quota within 15 days of the opening of bid.

e) The aforesaid policy measures shall remain in force for a period of one year with effect from 21.09.2013 and shall again be reviewed considering the financial health of ITl after the expiry of this period. However, the Government has introduced the Public Procurement Bill 2012 in Parliament, and under the provisions thereof, procuring entities, including CPSEs, would have to frame Rules for Public Procurement of Goods, Work and Services. Once such public procurement rules for CPSEs are framed after the enactment of the Public Procurement Act, these would also be applicable to CPSEs under the administrative control of the Department of Telecommunications.

BSNL and MTNL will be requested to extend the benefit of reservation quota to ITI Limited for a period of one year with effect from 21.09.2013.

The extension of the benefit of (i) 30 percent of procurement orders placed by BSNL / MTNL for M/s ITl Ltd. for products manufactured by it and (ii) 20 percent of the network roll out orders for turn key projects (like GSM network roll-out, etc.) of BSNL/ MTNL with 10 percent advance against the orders placed on M/s ITI Ltd., subject to liquidation of advances outstanding against previous projects awarded to M/s ITI Ltd. by BSNL/MTNL will ensure enough orders for ITl for production activities.

All Preparations for CEC of BSNLCCWF at Bhubaneshar

Tags

, ,

The Reception Committee of Central Executive Committee of BSNLCCWF to be held at Bhubaneswar on 18-19 January has made all arrangements for the accommodation and conduct of the CEC in a good way.
All the Comrades participating are requested to intimate their time of arrival, flight/train No. and time etc. to the Reception Committee ( Com.Sahdev Biswal Mob: 09437006660) and Secretary General Com.Tapas Ghosh (Mob: 09434759450) with out fail to enable them to make arrangements for the reception and accommodation in time.

Towards the Bhubaneswar Central Executive Committee with Determination for struggle and achievement!

Centre fumes at AAP Government for withdrawal of FDI in Multi-Retail Brand

Tags

The strong and quick reaction of the central government against the withdrawal of the FDI in multi-retail brand by the Delhi Government shows its intolerance and arbitrary nature.
It has to be noted that the Parliament passed the 49% FDI in multi-brand retail against very strong opposition in the Parliament. This will adversely affect crores of retail traders in the country. But the UPA government wanted some how to get it passed to please the imperialist countries, especially US and the MNCs like Waltmart.
The AAP government has only implemented its poll assurance that the FDI in retail will be withdrawn.
The reaction of Commerce and Industry Minister Anand Sharma that the AAP Government decision is ” irresponsible, ill-considered, abrupt and arbitrary” is nothing but intoleration of views of others. This once again shows that the UPA government is completely under the influence of the imperialists, MNCs and big business.

Hindustan Zinc Limited being privatised.

Tags

, ,

The Hindustan Zinc Limited, a Central PSU will be privatised shortly. The Government is having only 29.5% stake in the PSU now. This also will be sold through action. the proposal is already approved with the Attorney General clearing the proposal. The Government is expecting Rs. 16,000 crore from the sale.

One after another, the Public Sector Units are being sold to the private companies at cheap rates. These PSUs are located in central areas with a large area of land. The market prices are high. The equipment, building etc. also cost much. But in the name of liberalization, all these are handed over to the private at very cheap rates.

The Government is only the Manager and not owner of these PSUs. The people are the owners. But the Management is selling these PSUs at their whim and fancy. A strong movement should come against these anti-national disinvestment.

Govt. takes away Rs. 16,485 crore from CIL as Special Dividend

Tags

, ,

The government is squeezing all the profitable PSUs to find out funds to patch up its financial crunch. Now the Coal india Limited (CIL) has been pressurised to give Special Dividend. Accordingly the CIL will have to pay Rs. 18,317.46 crore as SD out of which Rs.16,485 crore will go to the government and the rest to the other share holders. This is the biggest dividend of all times any company has given.
CIL had already given an amount of rs. 8,842.91 crore to the government for 2012-13.
The government not only wants money, but also wants to cripple all the PSUs to ensure benefits to the private companies.

Minimum Pension of Rs. 1,000 to be ensured

Tags

,

The EPFO has proposed to the government to ensure Rs.1,000 as minimum pension for all contributors to the EPS.At present, there are many workers who are getting less than Rs.1,000, say 300 or 400.
There are approximately 22 lakh member pensioners and 5 lakh widows as on March 31, 2013, who are getting pension less than Rs.1,000.

The Central Trade Unions have been demanding to increase the minimum pension for a long time.Though opposed by the Finance Ministry earlier, the Central Govt. may agree now being the General Election year.

MTNL to order GSM lines worth Rs. 600 crores

Tags

,

The CMD MTNL, Shri Garg has stated that MTNL would order GSM lines worth Rs.600 crores to update and improving its network, mainly 2G.
This most necessary considering the present efficiency of the MTNL services.

General Insurance Employees on Strike against FDI increase

Tags

, ,

The employees of the General Insurance has called for strike against the increase of FDI in Insurance sector from 26% to 49%. The unions stated that there is no justification to increase the FDI which is against the interest of the sector and is only to benefit the private insurance companies.