NITI Aayog's recommendation on privatising MTNL's tower business.

Today’s Times of India has reported the decision of the NITI Aayog about privatising MTNL’s tower business. We reproduce the same hereunder:-

“The panel (read NITI Aayog), headed by economist Rajiv Kumar has also recommended that government should begin selling assets in MTNL, once a top state-run company, which is now the third-biggest loss maker behind BSNL and Air India. The proposal is to hive off the telecom PSU’s towers into a separate company and sell off the entity. An outright stake sale has not been proposed, given the large real estate holdings.”