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DoT Approaches FinMin Again to Repay MTNL Debt
Business Standard
|May 22, 2025
After the finance ministry rejected a department of telecom (DoT) proposal for a partial debt waiver on the outstanding dues of Mahanagar Telephone Nigam Limited (MTNL), the DoT has once again approached the ministry seeking funds to repay the liabilities.
"The DoT has sent a proposal to the finance ministry seeking additional funds. The ministry is yet to take a call. It should be doing something with MTNL's assets. DoT should come up with a clear-cut plan," a senior government official said.
Queries emailed to the finance ministry and the telecom department didn't elicit any response till the time of going to press.
MTNL's total outstanding dues to public sector banks (PSBs) is ₹8,415.55 crore. In February, Business Standard reported that the finance ministry had rejected MTNL's request that PSBs should take any kind of haircut on their debt.
यह कहानी Business Standard के May 22, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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