PMO intervenes to bail out BSNL, MTNL

PMO intervenes to bail out BSNL, MTNL

  • In a meeting held a couple of days back with representatives of telecom and finance ministries and Niti Ayog, the PMO asked the Department of Telecom to send expeditiously a roadmap for allocation of 4G spectrum to both the firms, voluntary retirement scheme and grant of immediate financial aid, according to an official source.
  • Senior officer from PMO held a meeting with DoT, finance ministry and Niti Aayog in which it has been decided that DoT will submit a detailed roadmap at the earliest to concerned authorities for the revival of MTNL and BSNL," the source told PTI.
  • Both the companies have also sought spectrum for 4G services through equity infusion from the government.
  • Under the Gujarat model, an amount equivalent to 35 days of salary for each completed year of service, and 25 days of salary for each year of service left till retirement is offered.


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