Finance ministry suggests shutting down BSNL and MTNL
The finance ministry has suggested that ailing public sector undertakings BSNL and MTNL be shut down.
The finance ministry rejected the proposal of the department of telecommunications (DoT) to pump in a massive Rs 74,000 crore to revive the ailing PSUs.
The cost of closure won't be as high as Rs 95,000 crore as argued by the DoT earlier.