Budget 2023: Govt to infuse around Rs 53k cr capital in BSNL

The government will infuse Rs 52937 crore capital in loss-making telecom PSU BSNL in fiscal year 2023-24, according to Budget documents.

The capital will be used for BSNL’s technology upgradation and restructuring.

In 2022-23, an amount of Rs 33269 crore was infused in BSNL by the government.

BSNL plans to soon launch its 4G mobile services and the testing for locally developed 4G solutions on a live network will start this month.