The Group of Ministers (GoM) which is led by Home Minister Amit Shah have discussed to offer voluntary retirement scheme (VRS) and the fourth-generation or 4G airwaves to the public sector service providers Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL).
The Group of Ministers including Shah, telecom, IT and law minister Ravi Shankar Prasad and finance minister Nirmala Sitharaman held two hours-long meeting to discuss the ways to bring the two state-run telcos back to health and considered monetisation of lands and building assets to fund VRS to the willing employees, according to the news by ET.
The Centre is also mulling operating synergy between BSNL and MTNL, to further save operational cost. MTNL offers cellular services in two metropolitans– Delhi and Mumbai whereas BSNL operates in rest of the country.
Further, considering both BSNL and MTNL’s plea for allocation of 4G radio waves since 2016 to stay competitive in the data-led service delivery, the administrative cost for the allocation of 4G radio waves to BSNL is pegged at Rs 14,000 crore and Rs 6,000 crore for MTNL.