Telecom PSU land transfer: High-level panel clears new framework...

Telecom PSU land transfer: High-level panel clears new framework for BSNL, MTNL, ITI surplus asset disposal; 90-day deadline set for intent submissions

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A high-level committee has approved a framework facilitating the transfer of surplus land and buildings from telecom PSUs like BSNL, MTNL, and ITI to central government organizations without auction. Interested entities must express intent within 90 days and deposit earnest money. Transfers will occur at market value, determined by valuation agencies, with preference given to central government entities.

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