BSNL quashes news reports of closure, says govt working on revival plan - News Summed Up

BSNL quashes news reports of closure, says govt working on revival plan


“Recently there has been (an article) published in the media about closure of BSNL. The DoT is currently working on a revival plan for it which suggests voluntary retirement scheme (VRS) for employees and BSNL’s land monetization. DoT plans to fund VRS packages for BSNL at ₹6,365 crore and through bonds. BSNL also has huge tower assets. Its subsidiary BSNL Tower Corp. Ltd (BTCL), was incorporated in January 2018.


Source: Mint October 10, 2019 13:18 UTC



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