BSNL financial distress

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Govt plans to infuse Rs 39K Cr in BSNL & MTNL; Is it enough?

The Government of India has acknowledged that the BSNL and MTNL are currently in financial distress and that it wants to restore them to profitability. It has also announced that it plans to infuse Rs 39,458 crore of fresh investment over the next five years, communications minister Ravi Shankar Prasad said during the Rajya Sabha. What’s interesting is that he also blamed the previous UPA government for the state of… Read More

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