CAG estimates on losses to BSNL from RJIL a misinterpretation, correction done: MoS Telecom

New Delhi: The Comptroller and Auditor General (CAG) of India estimates on losses to BSNL from Reliance Jio Infocomm were based on the misinterpretation of a clause on add-on technology, and it has been rectified in a transparent and equitable manner, Parliament was informed on Wednesday.

The CAG report tabled in Parliament in April had said 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.

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