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CCEA approved quota for ITI Limited in the purchase made by BSNL, MTNL and BBNL.

CCEA approved quota for ITI Limited in the purchase made by BSNL, MTNL and BBNL.

The government approved the quota to continue for ITI ltd in the purchase of three telecom companies BSNL, MTNL and BBNL.

According to an official statement issued here, ITI will benefit from provision of purchase quota for BSNL, MTNL and BBNL. Cabinet Committee on Economic Affairs (CCEA)approved the proposal of the Telecom Department, for the continuation of the policy of reservation of 30 percent in total purchase of   Bharat Sanchar Nigam Ltd. (BSNL), Mahanagar Telephone Nigam Limited (MTNL) and India Broadband Network Ltd. (BBNL) 30% ITI Ltd.  This quota is for products that make public-sector telecommunications equipment companies. According to the statement, the above mentioned policy measures will be effective from the date of receipt of the CCEA approval for the next three years. Considering the financial condition of ITI after the end of the prescribed period, this policy will be reviewed again. This step will increase employment opportunities in the country.

Q.1 For which company, 30 percent of total purchase of BSNL, MTNL, BBNL is reservation is approved?
A. ITI Ltd
B. ITC Ltd
C. IBM Ltd
D. Infosys
Answer...
Ans: ITI Ltd

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