|
Union Cabinet today gave its approval for the relief that are to be given to Bharat Sanchar Nigam Limited (BSNL) during the years 2004-05 and 2005-06. Accordingly, BSNL will be given reimbursement of Rs.1408.9 crore, which is 2/3rd of Rs.2113.35 crore payable by BSNL towards Licence Fee (net of Universal Service Obligation (USO) levy) and Spectrum Charges in the years 2004-05 during the current financial year.
BSNL will also be given reimbursement of 1/3rd of Licence Fee and Spectrum Charges payable by BSNL in the year 2005-06 in the next financial year, i.e. 2005-06. The release of reimbursements to BSNL would be made on the basis of actual receipts on account of Licence Fee and Spectrum Charges from BSNL.
The reimbursement of backlog of Rs.591.02 crore on account of shortfall in reimbursement of Licence Fee and Spectrum Charges paid by BSNL for the years 2001-02 to 2003-04 will also be given to BSNL.
DS/HS/HK/LV
|
