According to a government survey tabled in Parliament on 13 March 2018, state owned telcos BSNL and MTNL incurred huge losses in 2016-17. Along with Air India, they are the worst performing PSUs in FY17.
As per the survey, BSNL, Air India and MTNL incurred 55.66 per cent of the total losses suffered by the top ten loss-making CPSEs in 2016-17.
The Public Enterprises Survey 2016-17, which mapped the performance of central public sector units, revealed that the top ten loss-making state-owned firms accounted for a whopping 83.82 per cent of the total losses made by 82 loss-making CPSEs during the year.
Source: http://cablequest.org/index.php/news/telecom-news/item/12366-bsnl-mtnl-figure-in-worst-performing-psus-list-in-fy-17
The Public Enterprises Survey 2016-17, which mapped the performance of central public sector units, revealed that the top ten loss-making state-owned firms accounted for a whopping 83.82 per cent of the total losses made by 82 loss-making CPSEs during the year.
Source: http://cablequest.org/index.php/news/telecom-news/item/12366-bsnl-mtnl-figure-in-worst-performing-psus-list-in-fy-17
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