BSNL, MTNL revival on cards: Amit Shah-led GoM may allow VRS, 4G spectrum

The administrative cost for the allocation of 4G radio waves to BSNL is pegged at Rs 14,000 crore, and Rs 6,000 crore for MTNL.

The Group of Ministers (GoM) headed by Home Minister Amit Shah Tuesday discussed offering voluntary retirement scheme (VRS) and fourth generation or 4 G airwaves to the strained state-controlled Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) on Tuesday.

In addition to Shah, GoM included Ravi Shankar Prasad, telecom, IT and law minister, and Nirmala Sitharaman, finance minister.

BSNL

Earlier, representatives from the Finance Ministry opposed BSNL’s VRS package worth Rs 6,365 crore, and MTNL’s Rs 2,120 crore.

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