New Delhi, Feb. 16 -- State-run BSNL on Thursday said government is in the final stage of drafting a revival proposal for the PSU and it would shortly be sent for the inter-ministerial panel for approval.

"Department of Telecom is in the process of finalising a proposal for revival of BSNL to be considered by the Digital Communications Commission (DCC) very soon. DoT would like to see a robust BSNL, duly strengthened and financially viable, dedicated to servicing the nation and playing an important role in the telecom sector", the PSU said in a statement.

The state carrier was responding to a media report on its closure pressurised by the mounting losses.

At present there is no proposal under consideration with the government for closure...