 "BSNL, MTNL")
The asset sale of Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) would be decided by the ‘Alternate Mechanism’ group headed by Finance Minister Nirmala Sitharaman.
The latter has already approved sale of 11 properties of BSNL and six of MTNL, worth Rs 26,000 crore. An official said this was done on January 24.
The Cabinet Committee on Economic Affairs comprises 11 ministers and three invitees. Part of its mandate on strategic disinvestment has been delegated to the Alternate Mechanism (AM), which has Roads Minister Nitin Gadkari and the relevant administrative minister. It is learnt the AM has approved the property
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