BSNL employees urge PM Modi to approve rescue package without delay

BSNL has real estate assets at all prime locations, worth more than Rs 3 trillion.

The employees of government-owned Bharat Sanchar Nigam (BSNL) have urged Prime Minister Narendra Modi to approve without delay a revival plan for the telecom entity.

“The employees are very confident that BSNL can be revived in three to four years and made profitable,” K Sebastian, general secretary, Sanchar Nigam Executives Association, wrote in a letter to the PM. On September 26, a meeting convened by P K Mishra, principal secretary to the PM, on revival of BSNL, could not decide the question of whether it was possible. 

BSNL has sought government help in the form of conversion of its debt into a