India's Finance and Telecom Ministries collaborate to sell BSNL and MTNL assets for revival.
India's Finance and Telecom Ministries are collaborating to sell off BSNL and MTNL assets as part of a revival strategy. The state-run telecom companies BSNL and MTNL, which have faced financial struggles, plan to prioritize selling their land assets worth over Rs 1 lakh crore to government organizations and, if not needed, to private enterprises through auctions. The sale aims to address the companies' financial problems and to generate funds to improve their financial health.
May 28, 2024
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