Press Esc to close
Saturday 30 July 2016
News updated at 10:45 AM IST
Weather
Max: 23.2°C
Min : 19.8°C
In Bengaluru
Generally cloudy

GoM approves refund to BSNL, MTNL

New Delhi, Sep 12, 2013, DHNS:

In an attempt to revive the ailing state-run telecom companies–BSNL and MTNL– a high level ministerial panel on Thursday decided to refund the money paid by these companies for surrendering BWA spectrum worth more than Rs 11,000 crore.

The Group of Ministers (GoM), headed by Finance Minister P Chidambaram, also took a decision on providing pension to MTNL employees, which is likely to cost about Rs 570 crore a year.

“The Group of Ministers took firm decisions, one in relation to pension of MTNL employees, the second in relation to the spectrum that was allocated both to the BSNL and MTNL in the 2.5 GHz band and one other small issue,” Telecom Minister Kapil Sibal said. He said the decision will now be taken to the Cabinet for approval.

Earlier the government had given spectrum to both the companies which paid auction prices of airwaves.


Go to Top

Photo Gallery
An elephant moves through a waterlogged street after heavy rains in New Delhi on Friday...

An elephant moves through a waterlogged street after heavy rains in New Delhi on Friday...

People catching fish at flooded water due to heavy rain Madiwala Lake over flow...

People catching fish at flooded water due to heavy rain Madiwala Lake over flow...

Rain water flooded on the road at Anugraha Layout 2nd stage, Bilekahalli in Bengaluru...

Rain water flooded on the road at Anugraha Layout 2nd stage, Bilekahalli in Bengaluru...

Workers remove scaffolding from a replica of planet earth after repairs at Science City...

Workers remove scaffolding from a replica of planet earth after repairs at Science City...

Women unload rice grains from a boat to dry in the sunshine in flood affected village Murkata...

Women unload rice grains from a boat to dry in the sunshine in flood affected village Murkata...

Members of Karunada Seene staging protest against Mahadai tribunal verdict at SBM circle...

Members of Karunada Seene staging protest against Mahadai tribunal verdict at SBM circle...

Karnataka Fire & Emergency Service personnel rescuing the people form the flood affected...

Karnataka Fire & Emergency Service personnel rescuing the people form the flood affected...

A boy tries to swim in the flooded water at Kodichikkanhalli area in Bengaluru on Friday...

A boy tries to swim in the flooded water at Kodichikkanhalli area in Bengaluru on Friday...

A young one-horned rhino trying to rise above water on the National Highway from the flooded...

A young one-horned rhino trying to rise above water on the National Highway from the flooded...

A Royal Bengal Tiger in a pool in Kolkata on Friday during International Tiger day...

A Royal Bengal Tiger in a pool in Kolkata on Friday during International Tiger day...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523