The government has identified several assets of state-owned telecom companies Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) for sale in FY22, a top government official said. The asset monetization is part of the revival plan for BSNL and MTNL, which the Union cabinet approved in October 2019. The package included a voluntary retirement scheme (VRS) to slash employee cost and a merger of MTNL with BSNL, which has now been shelved due to the companies’ financial constraints.

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