September 22nd, 2016 6:50 AM 16 COMMENTS

BSNL to get richer by Rs.1250 cr for installing rural wireline connections before 2002

Bharat Sanchar Nigam Limited (BSNL) will get subsidy support of Rs 1,250 crore from the Universal Service Obligation Fund (USOF) as a compensation for the deficit that the State-run telecom operator incurred in operating the rural wire-line connections installed prior to April 1, 2002. The Cabinet, chaired by Prime Minister Narendra Modi, has given the approval for the subsidy support on Wednesday. The Cabinet also decided no further request from... Read More

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