Union Cabinet has approved the third revival package for BSNL with the total outlay of Rs. 89,047 crore. With this revival package the authorized capital of BSNL will increase from Rs. 1,50,000 crore to Rs. 2,10,000 crore. BSNL connects the most remote parts of India and powers many government-run facilities. If private companies flounder, BSNL is the only alternative for the government.Also BSNL plays a vital role in advancing the government’s rural broadband agenda. Centre approves 3rd revival package for BSNL worth Rs 89,047 crores.
The aim of this revival package is to help emerge BSNL as a stable telecom service provider focused on providing connectivity to remotest parts of India.The package will be utilised for enhancing BSNL’s 4G and 5G services.
BSNL was established in 2000 and is one of the largest telecommunications service providers in India. It offers a wide range of services including landline, mobile, broadband and enterprise solutions.
| Financial Year | FY 2020-21 | FY 2021-22 | FY 2022-23 |
| Revenue | 18,595 Cr | 19,053 Cr | 20,699 Cr |
| Operating profit | 1,177 Cr | 944 Cr | 1,559 Cr |
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