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
mou
Oil India Signs MoU with CSIR-IMMT to Boost R&D in Critical Minerals under NCMM
rec ltd
REC Limited Wins “ESG and Responsible Business Award” at Net Green Foundation Earth Awards 2026
Life Insurance Corporation of India LIC
LIC Announces Retirement of Three Senior Management Officials Including Executive Directors
HCL copper recycling refinery
Hindustan Copper Appoints Ajay Chandraker as Head of Materials, Contracts & Marketing
Rice agri
Bihar Farmers to Benefit from New Makhana Seed Extraction Machine Developed by ICAR and CFET
Northern-Coalfields-Limited-NCL-Resized
NCL Achieves 140 Million Tonnes Coal Production Ahead of Schedule for FY 2025–26
cm nitish
Bihar CM Nitish Kumar Inaugurates ₹147 Crore Administrative & Arts Faculty Buildings at Patna University
Uttar Pradesh Police (UP)_resized
Uttar Pradesh Transfers 27 IPS Officers, SPs of 13 Districts Replaced; Elamaran G Appointed SSP Etah
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-03-28 at 6.22
Nemesis of Law-breakers, in Cities & Forests
Ajay Choudhary IPS
From IIT to IPS: Ajay Choudhary on AI, Policing & the Future of Law Enforcement
Tilotama Verma IPS
How Tilotama Varma Became UP’s First Woman IPS Officer to Win the President’s Gallantry Medal
ADVERTISEMENT
UPSC Stories
Pulkit Jain UPSC CSE 2025
How Bhopal’s Pulkit Jain Overcame FOMO and Cracked UPSC
Pulkit Jain from Bhopal cracked UPSC in his fourth attempt after missing the final list by just 3 marks...
MAYANK PUROHIT
He Quit His Job, Faced Failure, and Came Back Stronger: Mayank Purohit’s AIR 33 Story | Exclusive
From a small Rajasthan town to AIR 33 in UPSC CSE 2025, Mayank Purohit’s journey blends strategy, setbacks,...
WhatsApp Image 2026-03-26 at 2.05
A Grandfather’s Inspiration, A Granddaughter’s AIR 46: Shambhavi Tiwari’s UPSC Story | Exclusive
Raised by grandparents in Pantnagar, Shambhavi Tiwari turned early failures into AIR 46 in UPSC CSE 2025...
CSR NEWS
ECIL
ECIL Completes CSR Project by Handing Over Retaining Wall at Rastriya Vidya Kendra, Telangana
ECIL Enhances Student Safety and School Infrastructure in Medchal-Malkajgiri District Through Corporate...
ntpc
NTPC WR-I Launches ₹7.64 Crore CSR Project to Renovate IPD Blocks at N.M. Wadia Hospital, Solapur
Renovation of Buildings A, B, and Annex to Strengthen Healthcare Infrastructure, Improve Patient Care,...
AAI
AAI Provides ₹12.29 Crore CSR Support to Balasaheb Deoras Rugnalay in Pune for Healthcare Expansion
Funding to build new pathology lab and Ayurveda–Panchakarma departments to strengthen community healthcare...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
mou
Oil India Signs MoU with CSIR-IMMT to Boost R&D in Critical Minerals under NCMM
rec ltd
REC Limited Wins “ESG and Responsible Business Award” at Net Green Foundation Earth Awards 2026
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-03-28 at 6.22
Ajay Choudhary IPS
Tilotama Verma IPS
ADVERTISEMENT
ADVERTISEMENT