The union cabinet has approved the merger of Bharat Broadband Network Limited (BBNL) and Bharat Sanchar Nigam Limited (BSNL) to expand BSNL’s fibre reach. Additionally, the cabinet has approved a Rs 1.64 trillion revival package for BSNL to improve the quality of its services and de-stress its balance sheet. The package will include cash support of Rs 439.64 billion and non-cash support of Rs 1.2 trillion.
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