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The government has identified several assets of state-owned telecom companies BSNL and MTNL for sale in FY22. The asset monetization is part of the revival plan for BSNL and MTNL, that the Union cabinet approved in which year?

The government has identified several assets of state-owned telecom companies BSNL and MTNL for sale in FY22. The asset monetization is part of the revival plan for BSNL and MTNL, that the Union cabinet approved in which year? Correct Answer 2019

The correct answer is 2019.

  • The government has identified several assets of state-owned telecom companies Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) for sale in FY22.
  • The asset monetization is part of the revival plan for BSNL and MTNL, which the Union cabinet approved in October 2019.
  • The package included a voluntary retirement scheme to slash employee cost and a merger of MTNL with BSNL.

Related Questions

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