VRS 2019 – FIRST INSTALLMENT OF EX-GARCIA WILL BE PAID AFTER 31ST MARCH 2020
AS PER MEDIA REPORT,the budget 2020 is presented. Rs 37640 crore is allotted to BSNL and MTNL which will be available only after the Budget and Appropriation bill are adopted by Parliament. Now, one month gap is given for Committees to meet and discuss the allotment etc. By end of March 2020, the Budget will be approved. Only in April the funds will be made available.
So, BSNL and MTNL will not be able to pay the first installment of Exgratia under VRS before 31-3-2020.