BSNL wants to offer VRS to one lakh employees to trim losses

"Around 1 lakh people in BSNL are in excess of the requirement and the company wants these people to take voluntary retirement," a top official of the company said.

BSNL submits VRS proposal to Telecom Ministry

The employees, who will avail the VRS, would get an ex-gratia amount of 60 days salary (basic + dearness allowance) for each completed year of service, or salary for the number of months left in the service, whichever is less.