Govt loses Rs 1,757 cr as BSNL fails to bill Reliance Jio for sharing infra: CAG

The government suffered a loss of Rs 1,757.56 crore as state-owned telecom firm BSNL failed to bill Reliance Jio for 10 years since May 2014 as per their agreement on passive infrastructure sharing, Comptroller and Auditor General of India said on Tuesday. The Comptroller and Auditor General of India (CAG) in a statement said that BSNL incurred a loss of Rs 38.36 crore as it failed to deduct the share of licence fee from the revenue share paid to the Telecom Infrastructure Providers (TIPs).