GoM seeks presentation from DoT, BSNL to take stock of asset sale

The asset sale exercise is expected to start early next year and the final contours will be decided by the GOM.

Topics
BSNL | Telecom industry | asset details

Megha Manchanda  |  New Delhi 

BSNL
Dipam has been entrusted with the job and will work with the DOT.

A Group of Ministers (GoM), scheduled to meet this month, has sought a presentation from DoT and on the road ahead for the firm’s Rs 37,500-crore asset sale exercise. It is learnt that Dipam has said assets below Rs 1,000 crore can be sold by itself.

The GoM was formed last year. “The GoM meeting will decide the path for the asset sale,” an official told Business Standard, adding that comments from Dipam will be part of the presentation.

The asset sale exercise is expected to start early next year and the final contours will be decided by the GOM. Dipam has been entrusted with the job and will work with the DOT.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Read our full coverage on BSNL
First Published: Fri, December 11 2020. 23:20 IST
RECOMMENDED FOR YOU