Indian Economy News

Govt allocates Rs 13,000 crore to DoT for BharatNet and NFS

  • IBEF
  • February 14, 2017

New Delhi: As per the Output-Outcome Framework for Schemes 2017, 150,000 gram panchayats (GPs) will receive high speed broadband connectivity in 2017-18 on account of Rs 10,000 crore (US$ 1.94 billion) allocation by the government to the Department of Telecommunication (DoT). In addition, Rs 3,000 crore (US$ 448 million) has been set aside for laying optical fibre cable (OFC) and procuring equipment for the Network For Spectrum (NFS) project in 2017-18.

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

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