Indian Economy News

Cabinet approves enhancement of budget for implementation of Network for Spectrum for Defence Services

New Delhi: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for enhancement of budget by Rs.11,330 crore for Network For Spectrum (NFS) project for laying of alternate communication network for Defence Services for release of spectrum over and above Rs.13,334 crore already approved by Cabinet Committee on Infrastructure in July, 2012.

The project, being implemented by Bharat Sanchar Nigam Limited (BSNL),  will be completed in a period of 24 months.

The NFS project will boost the communication capabilities of the Defence Forces in a major way leading to enhanced national operational preparedness.  The project will also have forward linkages to other related industries such as telecom equipment manufacturing and other telecommunication related services.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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