Bsnl Reports Rs 39 000 Crore Losses In April December 2019
Government Granted a Revival Package for BSNL and MTNL Last year, the government approved a revival package for BSNL and MTNL as both the firms were operating in huge losses. BSNL and MTNL almost acquired Rs 68,751 crore from the revival package. The package granted by the government included Rs 15,000 crore sovereign bonds which would meet the operational expenses of the loss burden companies. Apart from this, the package also included funds for 4G Spectrum allocation and Voluntary Retirement Scheme (VRS)....