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Govt starts sale process of BSNL by constituting inter-ministerial committee

By IndianMandarins- 02 Jan 2020
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The government has initiated the process for the sale of BSNL’s assets. The government has set up an inter-ministerial group that would shortlist and prioritise the sale of real estate assets of the cash-strapped BSNL. This is being looked at as sale process of BSNL being started by the government.

The PSU is yet to pay salaries to its staff for many months. The group comprises officials from the Department of Investment and Public Asset Management (DIPAM), department of telecom and BSNL. The company has identified 40 land parcels worth about Rs 10,000 crore to be sold.

Around 1 lakh people of BSNL have sought VRS as part of the package of the government offer to sale plan of BSNL.

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