Press Esc to close
Thursday 24 August 2017
News updated at 2:58 AM IST

GoM approves refund to BSNL, MTNL

New Delhi, Sep 12, 2013, DHNS: 3:08 IST
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 artist giving final touches to an idol of Lord Ganesha idols in Chikmagalur in Karnataka...

An artist giving final touches to an idol of Lord Ganesha idols in Chikmagalur in Karnataka...

A worker arranges the clay idols of Lord Ganesh at a road side stall ahead of Ganesh Chaturthi...

A worker arranges the clay idols of Lord Ganesh at a road side stall ahead of Ganesh Chaturthi...

Paramilitary personnel at a mock drill during a flag march in Bathinda...

Paramilitary personnel at a mock drill during a flag march in Bathinda...

Women show their ink-marked fingers after casting votes for Bawana assembly seat by-election...

Women show their ink-marked fingers after casting votes for Bawana assembly seat by-election...

A woman walks through a flooded village in Motihari, Bihar State, India...

A woman walks through a flooded village in Motihari, Bihar State, India...

People are rescued from a flooded village in Motihari, Bihar State...

People are rescued from a flooded village in Motihari, Bihar State...

Derailed coaches of Delhi-bound Kaifiyat Express train after it collided with a dumper near...

Derailed coaches of Delhi-bound Kaifiyat Express train after it collided with a dumper near...

Two Interceptor boats that would enhance coastal security and monitoring for the Coast Guard...

Two Interceptor boats that would enhance coastal security and monitoring for the Coast Guard...

Sand artist Sudarsan Pattnaik creates a sand sculpture with the message 'Triple Talaq...

Sand artist Sudarsan Pattnaik creates a sand sculpture with the message 'Triple Talaq...

A boy running on a wooden bridge through a floating garden of lotus flowers on...

A boy running on a wooden bridge through a floating garden of lotus flowers on...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.