The Minister of State for Communications, Mr. Pemmasani Chandra Sekhar, in a written reply to the Rajya Sabha, stated that the state-owned telecommunication entity Bharat Sanchar Nigam Limited (BSNL) registered a 3% surge in its total income from Rs 20,699 crores to Rs 21,302 crores in the financial year 2023-24.
The financial data shared by Union Minister Sekhar shows that BSNL has received Rs 1.16 lakh crores from the revival package approved by the government between the financial year (FY) 2020 and FY’24. It is pertinent to mention that the government has approved three revival packages for BSNL and MTNL, comprising Rs 69,000 crore support in 2019, Rs 1.64 lakh crore in 2022 and Rs 89,000 crore in 2023 for allotment of 4G and 5G spectrum.
It was further mentioned that BSNL’s debt had reduced to Rs 23,297 crore in FY’24 from Rs 28,092 crore in FY’23 and Rs 40,400 crore in FY’22. The comparison shows that BSNL has the lowest debt level among telecom operators. Vodafone Idea had debt of Rs 2.07 lakh crore, Bharti Airtel about Rs 1.26 lakh crore and Jio Infocomm Rs 52,740 crore.
