In a significant move, as part of the revival strategy, the Union Cabinet chaired by the Prime Minister Narendra Modi, Wednesday approved the third revival package for Bharat Sanchar Nigam Limited (BSNL) with the total outlay of Rs. 89,047 crore. It includes allotment of 4G/5G spectrum for BSNL through equity infusion.

The authorized capital of BSNL will be increased from rupee 1,50,000 crore to rupees 2,10,000 crore.