BSNL MTNL Revival Plan Approved by Government of India

Government of India approved the revival plan (Generous financial assistance) for BSNL and MTNL. 4G spectrum is allocated to the PSE’s funded over the Rs 20000 crore, a sovereign guarantee of 15000 crores and VRS cost.

BSNL and MTNL are the Strategic Assets of India. In the upcoming days, a robust communication network is provided in rural and urban areas.

From 23.10.2019, BSNL and MTNL with 4 way revival plan listed below.

  • BSNL Digital India 429 Plan Offers Unlimited Voice & Data
  • BSNL Single Number Service (SNS) New Rate Card for All India
  • Latest BSNL Broadband Services Offered to Customers in India
  • BSNL Press Note on Revival of Bharat Sanchar Nigam Limited

Allotment of 4G Spectrum to BSNL and MTNL

Union Cabinet approves the revival plan. To provide broadband and data services in India. The capital resource of 20,140 crores + GST at 3674 crores.

Sovereign Guarantee of Long term bonds

The two PSEs BSNL and MTNL will provide the long term bonds of Rs 15000 crores. The sovereign guarantee is provided to overcome the debt and to meet the CAPEX, OPEX requirements.

Attractive VRS to employee and Cost borne by GOI

VRS(Voluntary Retirement Scheme) whose age is 50 years and above, the total cost like Gratuity, Commutation and Gratia will be considered by Government of India with budgetary support.

Assets Worth to be monetized

New revival plan and generous financial assistance plan will be supported by GOI. Take care of the employees and peoples from time to time.

Now it is the turn of BSNL and MTNL PSU employees to give in turn the profits and regain the glory of organizations. With their hard work, organizations will be overcome by their defects.

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