Since 2019, govt has pumped Rs 3.22 lakh crore into MTNL & BSNL. Both remain in losses. MTNL has begun to default on loans & bond payments, possibly the first large PSU to become NPA.
The VRS scheme, which closed Tuesday, will pay employees between Rs 30 lakh & Rs 1 crore, depending on pay scale & designation. But workers are still concerned.
The Atal Bihari Vajpayee government’s disinvestment record has still not been matched by any government. UPA government’s record has been relatively pathetic.
Telecom Minister Ravi Shankar Prasad announced the merger and the revival package, which will include the 4G spectrum allocation and a voluntary retirement scheme.
The telecom companies are unable to pay salaries, and a turnaround seems impossible. A bail-out for employees would be cheaper than what the govt pumps in.
By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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