The Telecom Ministry aims to provide rural wireless broadband connections to over five lakh villages in one-and-a-half years and will provide a subsidy to both state-owned and private service providers from the Universal Service Obligation Fund. The tender for the same will come by the end of this month. The whole process is expected to take two to three months, which includes advertising, examination of the tender and signing of the agreement. As of 31 December 2010, the USO fund reached Rs 13,789.28 crore. By the end of this financial year, the fund is expected to be Rs 17,000 crore, leaving adequate funds for the venture.
FlashNews:
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Greening India’s Freight Economy
Empowering Aatmanirbhar Infra Financing
Bharatmala: Driving Efficiencies with Technology
Home » Broadband in 5 lakh villages in 18 months
Broadband in 5 lakh villages in 18 months
Infrastructure Finance
April 1, 2011April 1, 2011

Leave a Reply
You must be logged in to post a comment.