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New Delhi: The authorised capital of state-run telecom company BSNL has expanded from Rs. 1,50,000 crore to Rs. 2,10,000 crore after the government announced a revival package of Rs 89,047 crore this week.
The Union Cabinet, in a significant move, has approved the third revival package for BSNL with the total outlay of Rs. 89,047 crores. It includes allotment of 4G/5G spectrum for BSNL through equity infusion. The authorized capital of BSNL will be increased from Rs. 1,50,000 crores to Rs. 2,10,000 crores. With this revival package, BSNL…
The Union Cabinet today approved the third BSNL revival package of Rs. 89,047 crore, which comprises the allocation of 4G and 5G spectrum to BSNL through equity infusion.
The amount is part of the Rs 1.64-lakh-crore package announced last year for the revival of BSNL
PM Narendra Modi-led Union Cabinet has approved the financial package for BSNL., Companies News, Times Now