The government has extended a Rs30,000 crore line of comfort for
Bharat Sanchar Nigam Ltd (BSNL). This is over and above the
Rs70,000-crore revival package announced for BSNL and MTNL.
The revival package was to fund a Rs29,937 crore voluntary
retirement scheme (VRS) for employees above 50 years of age, which is
the biggest chunk of the revival package, pay up working capital credit
and acquire 4G spectrum, which it has been lacking so far.