Finance ministry suggests shutting down BSNL and MTNL
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Finance ministry suggests shutting down BSNL and MTNL

By Cnbc calender  08-Oct-2019

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.

    Also Read: She Should Change Her Religion: Muslim Cleric Slams TMC MP Nusrat Jahan
     
  • Shutting them down, however, will not lead to such a high expense, people are aware of the matter.
     
  • The ITS officers can be redeployed into other departments. 

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