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BSNL may get nod to raise Rs 6,700 crore for voluntary retirement scheme

PSU likely to get 4G spectrum on a revenue-neutral basis

BSNL may get nod to raise Rs 6,700 crore for voluntary retirement scheme

As the department of telecommunications (DoT) finalises the contours of the revival package for Bharat Sanchar Nigam Ltd (BSNL), 4G spectrum allotment on a revenue-neutral basis and bond issue to fund the voluntary retirement scheme (VRS) are being considered.  The proposals, which are in their final stages, would be sent to the Cabinet for approval soon. A senior DOT official said, “We have invited comments from all stakeholders and we are in the process of evaluating those comments before finalising the package.” The central government may allow BSNL to ...