Government’s big announcement regarding BSNL, the company is going to merge on this day, PM Modi approve

Government’s big announcement regarding BSNL, the company is going to combine on this day, PM Modi approved 

BSNL- BBNL Merger There has been a big update on the junction of BSNL. Prime Minister Narendra Modi has approved the junction of BSNL. A big choice has also been taken hold the Cabinet Committee on Economic Affairs( CCEA). Actually, these opinions were taken in the press meeting chaired by PM Modi. The press approved a reanimation package of Rs1.64 lakh crore for the reanimation of Bharat Sanchar Nigam Limited( BSNL). That is, now BSNL will be intermingled soon. 

Union Minister gave information 

 

Union Minister Ashwini Vaishnav said, ‘ The government has approved a reanimation package of Rs crore for the reanimation of BSNL. In addition, the press approved the junction of Bharat Sanchar Nigam Limited( BSNL) and Bharat Broadband Network Limited( BBNL). guests will also profit when BSLN merges with BBNL. 

 

Know what profit you'll get? 

 

It's worth noting that with this junction, BSNL will now have complete control of5.67 lakh km of optic fiber of BBNL spread across the country. For this, the government will issue bonds worth Rs,000 crore for BSNL in the coming three times. At the same time, the government will issue a bond of Rs,500 crore for MTNL in 2 times. The Union Minister further said, ‘ The government has approved a reanimation package of Rs crore for the reanimation of BSNL. This will help the telecom company to the upgrade to 4G. 

What's the government’s preparation ? 

 

The government has made special planning regarding this junction. BSNL has further than6.80 lakh km of optic fiber network. At the same time, BBNL has laid5.67 lakh kilometers of optic fiber in1.85 lakh gram panchayats of the country. BSLN will get command of the fiber laid by the BBNL through Universal Service Obligation Fund( USOF). Ashwini Vaishnav said that BSNL’s statutory pretenses of Rs 33,000 crore will be converted into equity. Also, the company will issue bonds for the payment of bank loans of the same quantum( Rs,000 crore). He said that the press has also approved the junction of BSNL and Bharat Broadband Network Limited( BBNL).