Union Cabinet approves allotment of 4G/5G Spectrum to BSNL

In a significant move, as part of the revival strategy, the Union Cabinet chaired by the Prime Minister Narendra Modi, today approved the third revival package for BSNL with the total outlay of Rs. 89,047 crore.  
 It includes allotment of 4G/5G spectrum for BSNL through equity infusion.

The authorized capital of BSNL will be increased from Rs. 1,50,000 crore to Rs. 2,10,000 crore.

With this revival package, BSNL will emerge as a stable telecom service provider focused on providing connectivity to remotest parts of India.