The Union Cabinet approved the third revival package for BSNL
On June 8, the government approved a revival package of over Rs 89,000 crore for BSNL.
An Overview of the News
The total outlay of the revival package is Rs 89,047 crore.
The package includes allocation of 4G and 5G spectrum for BSNL through equity infusion.
The authorised capital of BSNL will be increased from Rs 1,50,000 crore to Rs 2,10,000 crore.
Revival Package Objectives
BSNL will emerge as a stable telecom service provider focused on providing connectivity to remote parts of India.
The spectrum allocation will enable BSNL to provide pan India 4G and 5G services.
BSNL will provide 4G coverage in rural and unserved villages under various connectivity projects.
Fixed Wireless Access (FWA) services for high-speed internet will be offered by BSNL.
BSNL will provide services and spectrum for the Captive Non-Public Network (CNPN).
Previous Revival Package
The first revival package for BSNL and MTNL was approved in 2019, amounting to Rs 69,000 crore.
The second revival package for BSNL and MTNL was approved in 2022 amounting to Rs 1.64 lakh crore.
BSNL was incorporated on 15 September 2000.
It is a 100% Government of India owned public sector undertaking
It is a technology oriented integrated telecom service provider company.
It provides wire line services, 2G, 3G, 4G and GSM mobile services including Value Added Services (VAS), Internet and Broadband services, Wi-Fi services, Data Center services etc.
Headquarters -New Delhi, India
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