https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Govt Clarifies No Loss to BSNL from RJIL; CAG’s Rs 1,757 Cr Loss Estimate Based on Clause Misinterpretation

CAG's Rs 1,757 Crore Loss Estimate Rectified, Says Minister Pemmasani Chandra Sekhar
BSNL
Indian Masterminds Stories

New Delhi: The government has clarified that the estimated Rs 1,757.56 crore loss to BSNL flagged by the Comptroller and Auditor General (CAG) in its report was based on a misinterpretation of the infrastructure-sharing agreement between BSNL and Reliance Jio Infocomm Ltd (RJIL). The issue has since been rectified, and revised invoices have been raised, the Minister of State for Telecom, Pemmasani Chandra Sekhar, informed Parliament on Wednesday.

Background: CAG’s April Report Sparked Concerns

The CAG report, tabled in Parliament in April 2024, had stated that BSNL failed to bill Reliance Jio for a period of 10 years since May 2014, for using its passive infrastructure such as towers under a Master Service Agreement (MSA). It claimed this resulted in a notional loss to the exchequer.

Government Clarification: No Loss, Clause Misread

The Minister clarified in a written reply to the Lok Sabha that- “There is no revenue loss to BSNL or the government. The estimate of CAG was based on the misinterpretation of the clause on add-on technology, which has now been rectified in a transparent and equitable manner.”

He added that BSNL has already raised revised invoices to RJIL following the correction.

Steps Taken to Prevent Future Lapses

Responding to questions on accountability and prevention of similar issues in the future, the Minister listed several corrective measures

  • Clarification of ambiguous contract clauses
  • Issuance of revised demand notes and recovery
  • Monetisation of surplus inventory
  • Advisories to PSUs to ensure timely billing and cautious decision-making on business matters

These steps aim to tighten oversight mechanisms and prevent any financial oversight or misinterpretation in future government-PSU-private sector dealings.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
CM Yogi
CM Yogi Adityanath Showcases UP's Growth, Praises 'Swadeshi Power' of BrahMos and Drones on 79th Independence Day
IAS Officers Indian Administrative Services (IAS)
Controversy Surrounds IAS Officer Sandeep Bhagia Amid Allegations of Misconduct in Noida GST Office - Details Inside
Gandhinagar: Union Jal Shakti Minister C.R
Gujarat CM Bhupendra Patel Unveils ‘Agenda 2035’ and Regional Development Initiatives
jharkhand logo-resized
Jharkhand Government Expands Health Coverage Under Chief Minister’s Abua Scheme - Know More
Yogi Adityanth
Uttar Pradesh Unveils A Three-Tier Roadmap 'Vision Document 2047' to Become Global Leader - All Details Inside
Uttar Pradesh CM resized
Uttar Pradesh Emerges as Second Fastest Growing State with 8.9% GSDP Growth - Know More
CM Yadav
Madhya Pradesh CM Mohan Yadav Announces Recruitment of 2.5 Lakh Youth Over Next Five Years- Details Inside
CM Pushkar Singh Dhami
Uttarakhand CM Pushkar Singh Dhami Celebrates 79th Independence Day with Major Development Announcements - Details Inside
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr
Resisted Flawed Schemes, Transferred Thrice In Three Months, Found Solace In Writing
WhatsApp Image 2025-08-11 at 4.48
IAS SVR Srinivas on Mumbai Trans Harbour Link, Tough Calls, and the Real Power of IAS Officers | Video Interview
WhatsApp Image 2025-08-08 at 5.25
Dharavi Redevelopment: IAS Minds Turning 100-Year-Old Slum into a Modern City | Video Interview
ADVERTISEMENT
UPSC Stories
WhatsApp Image 2025-08-12 at 7.27
First Attempt IRS, Fourth Attempt IPS: The Relentless Pursuit of Jitendra Kumar Yadav Who Cracked UPSC 3 Times
IPS Yadav is originally from Chhattisgarh. He was first selected for the IRS through UPSC and later for...
Manoj Kumar Gupta BPSC
‘I Missed My Kids’ Childhood for This Rank’ - A Father’s Journey to Success in BPSC
Manoj Kumar Gupta, once a poor boy from Buxar, cracked the 64th BPSC exam while raising two kids and...
BPSC Bihar police
From Lantern Light to Police Uniform: How Praveen Kumar from a Small Bihar Village Cracked BPSC to Become SDPO
From a lantern-lit village in Bihar to becoming an SDPO, Praveen Kumar's journey is a testament to resilience,...
Social Media
FEMINA
Women Warriors on the Cover: Femina India Celebrates Army’s Finest in August 2025 Special - Watch the Cover Shoot Inside
Femina India’s August 2025 cover pays tribute to ten Indian Army women officers, showcasing courage,...
Raksha Bandhan Special
A Promise Never Broken: Sister Ties Rakhi to Martyred Brother’s Statue Each Year | Rakshabandhan Special
In Rajasthan’s Khudiyala village, a sister keeps her martyred brother’s memory alive by tying rakhi to...
Mudumalai Tiger Reserve
Mudumalai Tiger Reserve: From India’s First Sanctuary to a Tiger Conservation Success Story | International Tiger Day Special
IAS Supriya Sahu Hails Mudumalai's Role in Tiger Conservation on Tiger Day. Declared in 1940, Now Among...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Dr
Resisted Flawed Schemes, Transferred Thrice In Three Months, Found Solace In Writing
CM Yogi
CM Yogi Adityanath Showcases UP's Growth, Praises 'Swadeshi Power' of BrahMos and Drones on 79th Independence Day
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr
WhatsApp Image 2025-08-11 at 4.48
WhatsApp Image 2025-08-08 at 5.25
ADVERTISEMENT
ADVERTISEMENT