Union Budget 2022: FM Nirmala Sitharaman announces 5G auction, BharatNet project and more
During the Union Budget 2022-23, Finance Minister Nirmala Sitharaman has made two major announcements regarding the telecom sector that mainly focus on the 5G rollout in the country and accessibility of e-services in rural areas. Here are announcements related to the telecom sector that you should not miss:
5G in India
FM Nirmala Sitharaman announced the auction of the 5G spectrum will take place in 2022. The 5G services are announced to be available in the country by FY 2022-23. “Telecommunications in general and 5G technology, in particular, can enable growth and offer job opportunities. Required spectrum auctions will be conducted in 2022 to facilitate the roll out of the 5G mobile services within 2022-23 by private telecom providers.”, said FM Nirmala Sitharaman in her Budget speech.
5G spectrum auctions to be carried out in calendar 2022.
Affordable broadband and mobile service proliferation in rural and remote areas, 5% of annual collections Universal Service Obligation Fund will be allocated :FM @nsitharaman #Budget2022 – 2023#AatmaNirbharBharatKaBudget pic.twitter.com/7NEGY9zQiY
— All India Radio News (@airnewsalerts) February 1, 2022
A PLI scheme for 5G services has also been announced today. As per the official statement, “A scheme for design-led manufacturing will be launched to build a strong ecosystem for 5G as a part of the production linked in central scheme.”
BharatNet broadband
FM Nirmala Sitharaman also announced a step to make the internet more affordable and accessible for residents in remote and rural areas. As per her statement, “To enable affordable broadband and mobile service proliferation in rural and remote areas, five percent of annual collections under the universal service obligations fund will be located. This will promote R&D and commercialisation of technologies and solutions.”
#AatmaNirbharBharatKaBudget
The laying of optical fibre in all villages to be completed by 2025. – FM @nsitharaman
— Digital India (@_DigitalIndia) February 1, 2022
She further announced that contracts for laying optical fiber in all villages including remote areas will be rewarded under “the BharatNET project through Public-Private Partnership (PPP) in 2022-23”. The completion is expected in 2025, she added. The government will also take measures to enable better and more efficient use of optical fiber.
The post Union Budget 2022: FM Nirmala Sitharaman announces 5G auction, BharatNet project and more appeared first on BGR India.
