TOTAL GRANT AT OVER ₹3.2 TRN
THE GOVERNMENT ON Wednesday provided a fresh revival package of ₹89,047 crore to the loss-making Bharat Sanchar Nigam (BSNL). This is the third such package for the state-owned telecom service provider - which last posted profit in financial year 2009 - in the last four years. With this, the total amount that the government has injected into the company in the last four years adds up to over ₹3.2 trillion.
The government had provided the first revival package worth ₹69,000 crore for BSNL and MTNL in 2019. The second package worth ₹1.64 trillion was announced in 2022.
Interestingly, these packages do not involve any cash outgo on the part of the government, but are mostly in the form of book transfers by way of equity infusion. For instance, BSNL is allocated 4G/5G spectrum at the market-determined prices but the company does not actually pay. In lieu of the spectrum, the government takes equity in the company.
The latest support also comes in the form of spectrum allotment to provide 4G and 5G services pan India, including Delhi and Mumbai and uncovered areas, offering fixed wireless access services (FWA), as well as private networks solutions.
هذه القصة مأخوذة من طبعة June 08, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة June 08, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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