Global Trade Alert
Global Trade Alert

India: Revival package announced in favour of state-owned telecom operators

Announcement

23 Oct 2019

The Indian government has announced a revival package in favour of the state-owned telecom operators Bharat Sanchar Nigam Limited and Mahanagar Telephone Nigam Limited.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Oct 2019

Revocation date:

No revocation date

Announced: 23 Oct 2019
Loan guarantee In force
On 23 October 2019, the Indian Union Cabinet approved a sovereign guarantee worth INR 15'000 Cr crore (USD 2.12 billion) on long-term bonds to be issued by the state-owned telecom operators Bharat San...
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Announced: 23 Oct 2019
Equity stake In force
On 23 October 2019, the Indian Union Cabinet approved a revival package in favour of the state-owned telecom operators Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL)....
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