Government rules out plans of disinvestment of BSNL and MTNL

The government has announced that it has no plans to sell stakes in Bharat Sanchar Nigam Limited (BSNL) and MTNL. Moreover, the government has fixed a target of raising Rs 2 billion and Rs 3 billion from the asset monetisation of BSNL and MTNL, respectively, in the current fiscal year. The specific assets to be monetised during the year, however, have not yet been identified.