Union Cabinet approves Rs 1.64 lakh-crore revival package for state-run telco BSNL
Union Telecom Minister Ashwini Vaishnaw said that the Union Cabinet has approved a revival package worth Rs 1.64-lakh crore for the state-run Bharat Sanchar Nigam Ltd (BSNL).
The Cabinet also approved the merger of BSNL and Bharat Broadband Network Limited (BBNL), the state-owned broadband infrastructure provider.
The revival programme is planned for a four-year period.