The federal government mentioned that State-owned Bharat Sanchar Nigam’s (BSNL) outstanding debt as on July 10, is ₹16,327 crore and Mahanagar Phone Nigam’s (MTNL) outstanding debt is round ₹34,576 crore with financial institution loans of ₹8,584 crore.
Replying to a query in Lok Sabha on Wednesday, Pemmasani Chandra Sekhar, Minister of State for Communications additionally mentioned that at current, there isn’t a plan to merge MTNL with BSNL.
“Nonetheless, the Committee of Secretaries (CoS) really helpful an operational merger of MTNL with BSNL, and the identical was accredited by the federal government. On this regard, the Service Settlement signed between the PSUs is in impact from January 1, 2025,” he mentioned.
The questions raised by member of Parliament, Kalyan Banerjee additionally included whether or not the federal government has proposed for asset monetisation in phases with 220 out of 280 non-core MTNL and BSNL properties set to be offered at easy valuation, to which the Telecom Minister mentioned there isn’t a such proposals.
On whether or not the monetisation can repay the liabilities thereof, Sekhar mentioned, “The proceeds of monetisation are being utilised in accordance with the approval of Union Cupboard, which incorporates debt compensation.”
In the meantime, the Minister additionally knowledgeable that BSNL’s income grew from ₹17,467 crore in FY 2020-21 to ₹23,424 in FY 2024-25.
General, the telecom sector income has grown considerably from ₹2.73 lakh crore in FY 2020-21 to ₹3.79 lakh crore in FY 2024-25 with a compound annual development price (CAGR) of round 8.5 per cent, he added.
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Revealed on July 31, 2025
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