National Broadband Mission likely to get an investment of Rs 7 lakh cr
By MYBRANDBOOK
The plan to provide broadband services in all villages of the country by government may receive an investment of Rs 7 lakh crore with 90% of the contribution coming from industry players.
"The likely investment under the National Broadband Mission is around Rs 7 Lakh crore which is to be catalysed largely by the industry out of which contribution by the government through Universal Service Obligation Fund (USOF) is envisaged to be around 10 per cent, that is, approximately Rs 70,000 crore which will cover all the states in the country including the states of Gujarat and Madhya Pradesh," Telecom Minister Ravi Shankar Prasad said in a written reply to the Lok Sabha.
Under the National Broadband Mission (NBM), the government envisages providing broadband access to all villages in the country, including those in Gujarat and Madhya Pradesh, by 2022.
NBM is considered as an extension of BharatNet project under which the government is working to provide broadband connectivity to all gram panchayats (GPs).
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