Pitroda panel on BSNL restructuring submits report to PM

Pitroda panel on BSNL restructuring submits report to PM

"We have submitted a report containing 15 suggestions to the PM to help BSNL and it is up to the board of BSNL to debate and discuss those proposals and take further action in consultation with DOT," Pitroda said here on the sideline of a CII function.

Though the former Telecom Commission Chairman declined to divulge any detail on those 15 suggestions, sources said the report suggests IPO as one of the crucial options before BSNL to resurrect itself in the face of fierce competition.

Sources also added that the Pitroda panel, which also has Telecom Secretary PJ Thomas and HDFC Chairman Deepak Parekh as members, has suggested scrapping of the controversial 93 million GSM line tender, which has been put on hold by BSNL following a directive from the Central Vigilance Commission (CVC) over allegations of corruption.
When contacted, BSNL Chairman Kuldeep Goyal said, "We have not received any report by Pitroda. So cannot comment on its content."

DH Newsletter Privacy Policy Get the top news in your inbox
GET IT
Comments (+)