Cabinet approves Rs 89,047 crore revival package for BSNL
The package includes allotment of 4G/5G spectrum for the BSNL through equity infusion. The authorised capital of the company will be increased from Rs 1,50,000 crore to Rs 2,10,000 crore.
The package includes allotment of 4G/5G spectrum for the BSNL through equity infusion. The authorised capital of the company will be increased from Rs 1,50,000 crore to Rs 2,10,000 crore.
BSNL under ‘Vahan Suraksha’ model will develop, deploy, integrate and commission a vehicle location tracking software for tracking and monitoring of vehicles covered under the project.
The Government approved a revival plan for Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) on 23.10.2019, the Minister said.
The GM has, in his official communication , conveyed to the Deputy General Managers of Bhawanipatna and Bolangir for closure of certain specific 4G sites and redeploy the equipment to Kandhamal district where it is to be spread over 27 sites on a pilot project basis.
The aim of these services is to provide wireless connectivity in the range of 20 km from the BSNL locations.
The cybercrime wing of the J&K Police is working hard to identify the VPNs that have sprung up like a virus and has registered cases against them.
The fall of Air India has coincided with the rise of private airlines. While the behemoth, hamstrung by bureaucracy, could not match the agility of smaller players, crony capitalism also played an important part in Air India's downfall. This is hardly surprising; State enterprises offering consumer services like BSNL and MTNL are in a similar position for similar reasons.
The effective date of voluntary retirement under the present scheme is January 31, 2020. The ‘BSNL Voluntary Retirement Scheme - 2019’, rolled out recently, will remain open till December 3.
To trim mounting losses in BSNL, the government in October had announced a revival package that included the merger of Mahanagar Telephone Nigam Ltd (MTNL) with the former.
Out of the Rs 70,000 crore, sanctioned for the bailout package for BSNL in October, nearly Rs 30,000 crore would be used to conduct the VRS process.
