Big Statement on BSNL - MTNL revival by Finance Minister
Big Statement on BSNL - MTNL revival by Finance Minister. DoT studying security threat of loss-making BSNL-MTNL privatization The Indian finance ministry refuses to part funds for the revival of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) day of Monday, 14 Oct. DoT has contemplation on the security aspect of complete privatisation of the domestic telecom sector, besides persisting with the Centre to infuse the twin PSUs with fresh capital. How do countries like USA, UK and Brazil cope with the safety and security aspect of telecommunication services? BSNL and MTNL have been so long a drain on the public exchequer and on the state’s borrowing capacities. BSNL, In 2016-2017 made loss of almost 4,786 crore, 2017-2018 made a loss of almost Rs 7,992 crore,and in 2018-19 made a increase loss of almost Rs 13,804 crore, taking its accumulated losses to over Rs 90,000 crore. MTNL, In 2018...