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Cabinet approves 1.64 lakh crore revival package for telecom firm BSNL

The revival measures approved by the Cabinet focus on fresh capital for upgrading services, allocating spectrum, de-stressing its balance sheet and augmenting its fiber network by merging Bharat Broadband Nigam Ltd (BBNL) with BSNL.

Union minister Ashwini Vaishnaw said the package has a cash component of <span class='webrupee'>₹</span>43,964 crore and a non-cash component of <span class='webrupee'>₹</span>1.2 lakh crore spread over four years.(Sanjeev Verma/HT PHOTO)
Union minister Ashwini Vaishnaw said the package has a cash component of 43,964 crore and a non-cash component of 1.2 lakh crore spread over four years.(Sanjeev Verma/HT PHOTO)
Updated on Jul 27, 2022 06:30 PM IST

Cabinet gives nod to policy for use of land acquired under CBA Act

In a statement, the coal ministry said that lands that are mined out or are practically unsuitable for mining are vulnerable to “unauthorised encroachment and entail avoidable expenditure on security and maintenance”.

The coal ministry said that the approved policy will help in realising the goal of Atmanirbhar Bharat by encouraging domestic manufacturing, reducing import dependence, and job creation, among others.(Aijaz Rahi/AP)
The coal ministry said that the approved policy will help in realising the goal of Atmanirbhar Bharat by encouraging domestic manufacturing, reducing import dependence, and job creation, among others.(Aijaz Rahi/AP)
Updated on Apr 13, 2022 11:07 PM IST
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