GoM constituted to expedite revival plan of BSNL & MTNL

A Group of Ministers (GoM) has been constituted to to expedite revival plan of BSNL & MTNL. The GoM will fast-track and oversee the implementation of the Rs 69,000 crore revival plan for state-owned telecom corporations BSNL and MTNL. The GoM includes Defence Minister Rajnath Singh, IT and Telecom Minister Ravi Shankar Prasad, Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal and Oil Minister Dharmendra Pradhan.

The government had approved a Rs 69,000 crore revival package for BSNL and MTNL which includes merger of the two loss-making firms, monetising their assets and giving VRS to employees. The GoM will expedite the smooth implementation of decisions taken on revival of BSNL and MTNL.

Source: The Hindu

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