Government lost Rs 1,757 crore because BSNL failed to bill Reliance Jio: CAG report2Foto© dnaindia.com

Government lost Rs 1,757 crore because BSNL failed to bill Reliance Jio: CAG report

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The Union government lost Rs 1,757.56 crore after state-owned telecom firm Bharat Sanchar Nigam Limited did not bill Reliance Jio for almost 10 years despite an agreement between them about infrastructure sharing, the Comptroller and Auditor General of India has found in an audit.

The Comptroller and Auditor General of India is the watchdog of the state exchequer and is responsible for auditing government accounts to ensure proper use of public funds.

“BSNL failed to enforce the Master Service Agreement (MSA) with M/s. Reliance Jio Infocomm Ltd (RJIL) and did not bill for the additional technology used on BSNL’s shared passive infrastructure, resulting in loss of Rs 1,757.76 crore and penal interest thereon, between May 2014 to March 2024 to the government exchequer,” the auditing body said.