Rs 1.64 Lakh Crores Revival Package for BSNL Has Been Approved by Union Cabinet Today

  • The Union Cabinet has approved Rs 1.64 lakh crore revival package for BSNL. The administrative allocation of spectrum for 4G and 5G services for BSNL has also been approved by the Cabinet.
  • The package will have three main elements – it will aim at improving the quality of BSNL services, it will be used to destress the balance sheet, and will attempt to expand the company’s fibre reach.