Wednesday, 1 February 2017

Allocation of 10k crore for Bharat Net welcome step, says BSNL MD

Welcoming the announcement of allocation of Rs 10,000 crore for Bharat Net by finance minister Arun Jaitley in his budget speech, chairman and managing director of state-run telco Bharat Sanchar Nigam Limited, Anupam Shrivastava, said that it will expedite the mission of a digitally connected India.

"BSNL takes pride in being an execution partner for the Bharat Net Project and will work cohesively towards its success. It will expedite the mission of a Digitally Connected Bharat," Shrivastava said in a tweet.

Jaitley, while presenting the budget said that by 2017-18-end high speed broadband will be more 150,000 gram panchayats via Wifi hotspots.

Bharat Net was rebranded from its name National Optic Fibre Network (NOFN) project in April 2015. It aims to cover a total of 2.5 lakh gram panchayats.

The BharatNet project is funded under the Universal Services Obligation Fund (USOF) set up in 2002 for providing teleco services in rural areas at subsided rates.

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