Govt lines up Rs 9,000 crore asset monetisation plan in FY28 to clear MTNL, BSNL liabilities

New Delhi: The government is planning to clear the liabilities of debt-laden telecom companies MTNL and BSNL through an asset monetisation plan worth Rs 9,000 crore in the next financial year (2027-28), according to sources.

The government has “more than enough cushion” to meet the liabilities of telecom and postal public sector undertakings (PSUs), estimated at nearly Rs 50,000 crore, including sovereign guarantee bonds worth around Rs 30,000 crore.